first majestic silver

Captain Ewave

Captain Ewave Articles

As you can see on the attached daily Gold Chart, we have reluctantly decided to label the 1191.50 high as the end of wave ^iii^, and the current corrective setback being wave ^iv^. In the overnight session gold reached a low of 1167.30....
Gold was lower in the overnight session reaching 1151.30. On the Intraday Chart, it appears that the rallies are impulsive looking and the setbacks corrective looking, which is bullish. Based on that observation, it is likely that wave ^...
Gold was stable in the overnight session, being range bound between 1141.60 and 1129.60. Our current thinking remains unchanged with wave ^i^ of *iii* ending at 1141.50, and the current trading being wave ^ii^. If we are correcting in wave...
Gold reached a low of 1123.90 in the overnight session, at the time that this Post was being written. We are waiting for the end of wave *ii* to occur. The 1123.90 low is now well within our retracement zones of:
Gold was a little softer in the overnight session, reaching a low of 1125.70, at the time this Post was being written. We expect further minor softness as the COMEX session progresses.
Markets are very quiet ahead of the FOMC decision. Gold dipped to 1101.50 in the overnight session, before recovering. We indicated in yesterday's End of Day that we were NOT sure that the correction from the 1108.80 high was complete at...
We are working on the assumption that wave .ii. ended on Friday at 1116.30, and that we have started wave .iii. higher! In the overnight session gold reached a high of 1122.70, at the time that this Post was being written.
In the overnight session gold reached a high of 1144.00, at the time that this Post was being written. This rally above 1140.30 satisfies our minimum requirements for a completed double 3 wave pattern rally from the 1117.00 low.
As you can see on the attached Daily Gold Chart, it appears that wave *iii* could be complete at the 1167.90. We had a *iii*=2.618*i* projection of 1164.50. We cannot rule the possibility that with all of the market turmoil that wave *iii...
Gold had a bit of wild ride in the overnight session, reaching a low of 1093.40, and then rallying to a new high for the move of 1118.90! The drop from yesterday’s day session high of 1108.40 to the overnight low of 1093.40, is corrective...

Gold is the official state mineral of Alaska.

Gold Eagle twitter                Like Gold Eagle on Facebook