Kirkland Lake Gold Ltd. (NYSE: KL) is gold mining growing company with highly productive yet low-cost mining operations in Canada and Australia. Last month, the company reported its revenue in Q4 2019 totaled $412 million, 47% higher than Q4 2018 and an 8%...
We always refer a lot to the blue boxes which are often shown on our charts and define them as High-Frequency areas which are based in a relationship of sequences, cycles and calculated using extensions. Traders are...
Gilead Sciences ($GILD) showing signs that it may be in the beginning stages of new bullish cycle. The Long term chart shows a completed bullish sequence in 5 waves for Blue (I) which topped on June 22/2015...
Short term Elliott Wave view in Gold (XAU) suggests the rally from August 2018 low in wave III has ended at 1689.30 high. Gold then corrected that cycle in wave IV as a zig-zag. Wave ((A)) of...
The 2009 cycle is ending across the World Indices. Many Indices show five waves already since the lows, but some have been weak since the previous peak sometimes around 2018. Indices like $FTSE, among others, are reaching...
USDCAD’s upside movement from 1.3314 extended to as high as 1.3759. Further rise is still possible after a minor consolidation and next target would be at 1.3850 area. Near term support is at 1.3570, as long as...
USDJPY’s downside movement from 112.22 extended to as low as 101.53. Further decline is still possible after a minor consolidation and next target would be at 100.50 area. Near term resistance is at 103.50, a break of...
GBPUSD extended its upside movement from 1.2725 to as high as 1.3124. Further rally is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.3040, a breakdown...
EURUSD continued its upside movement from 1.0778 and the rise extended to as high as 1.1496. Further rise could be expected after a minor consolidation and next target would be at 1.1600 area. Near term support is...
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2951. As long as the trend line support holds, the upside movement could be expected to continue and next target...