Gold-to-Silver Ratio (AUG) Still Waiting for the Next Direction

by elliottwave-forecast.com | October 1, 2024 8:14 pm
Gold-to-Silver Ratio has always been a useful tool to forecast the direction the underlying metals (i.e. Gold and Silver). We can calculate the ratio simply as Gold price divided by Silver price. The average gold-silver ratio was...

Gold: The Calm Before a Record Run

by ForexCycle.com | October 1, 2024 3:54 am
By Elliott Wave International The basis for analysis and forecasting at Elliott Wave International is fundamentally different from everyone else’s. Here’s a prime example in gold. This excerpt is from the March Elliott Wave Financial Forecast, when gold...

GBPUSD Breaks Channel: What’s Next for the Pair?

by ForexCycle.com | October 1, 2024 1:33 am
The GBPUSD pair has recently made a significant move, breaking below the bottom of the rising price channel on the 4-hour chart. This development suggests that the uptrend from 1.3001 might need a more extended period of...

JPMorgan (JPM) Is Not Showing Weakness Near Term

by elliottwave-forecast.com | October 1, 2024 12:16 am
JPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in...