Captain Ewave
Captain Ewave Articles
Our 1241.30 low has held in the overnight session, and for the time being we are assuming that is the end of all of wave !ii! of ^v^. In the overnight session gold was higher and reached 1260.80. We still cannot rule the possibility that...
Gold reached a low of 1226.20 in the overnight session at the time that this Post was being written. We can now confirm that wave ^iii^ ended at 1280.70 and that the current corrective setback is wave ^iv^. As you can see on the attached...
Gold Rallied to a high of 1279.00 in the overnight session, at the time that this Post was being written. In order to confirm that all of wave !v! is NOT complete at the 1280.60 high, we need to gold to move above that high in a sharp...
Gold reached a high of 1249.30, at the time that this Post was being written, which is about our target for the end of wave $d$. We suggested in yesterday’s Posts that a run to the 1248.00 area seemed reasonable for a possible end to wave...
Gold was higher in the overnight session, reaching 1223.40, at the time that this Post was being written. We believe that we are in wave !iv!. The first option that we are following is the triangle, as follows:
In the overnight session gold reached a low of 1191.80, and has since recovered somewhat to be trading around the 1215 area, at the time that this Post was being written. As we mentioned in yesterday’s Morning Post we are now working on...
In the overnight session Gold dropped to 1186.10 before recovering to 1197.70. On the Intraday Chart the drop from 1201.20 to 1186.10 looks corrective. Therefore, we expect that once this correction ends, if it has not already done so at...
Gold made a slightly higher high in the overnight session, reaching 1130.80, at the time that this Post was being written. There is no change to what we said in our last End of Day Post, as we expect further gains in wave ^iii^ of *c*. We...
Assuming that the gold rally holds, we should expect higher prices in CRJ and maybe ABX. We are not sure about Kinross. CRJ (Claude Resources) is our bell weather gold stock, and it’s been performing like a stallion over the past few...
The small bullish triangle that we thought was developing on the Intraday Chart has been eliminated in the overnight session. However, the new trading patterns on the Intraday Chart may suggest that gold still have some further upside...
