Captain Ewave
Captain Ewave Articles
Gold reached a new high for our wave !b! of ^iv^ triangle rally in the overnight session at 1264.60, at the time that this Post was being written.
Gold was sharply higher in the overnight session reaching 1236.40, at the time that this Post was being written! At the moment, we are working on the assumption that all of wave ^iv^ ended at the 1210.30 low, but we have some concern still...
Gold did not accomplish very much in yesterday’s day session, or in the overnight session. On the attached Daily Gold Chart, yesterday’s low appears to have been about 1206. In the overnight session, we reached a high of 1224.70.
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...