What Technical Analysis Foresees for Gold
Fergus Hodgson, July 23, 2018 
Financial analysts resort to different viewpoints to study markets and prepare for moves, utilizing both technical and fundamental data points.
Avi Gilburt, one of the most prominent technical analysts in the world, lays out the case for Elliott wave theory. This attempts to look at the market objectively, disregarding exogenous factors and one’s own emotions.
He has an impressive track record based on his guiding principle that “numbers don’t lie.” Gilburt believes the gold market still has downside room for a couple of weeks before a bullish set-up starts building up.
Avi had to unlearn everything he knew about economics to start trading. (Pixabay)
Recommended Links
- Visit Avi Gilburt’s website ElliottWaveTrader.net.
- Sign up for the upcoming webinar presented by Avi Gilburt and Brien Lundin, Are Metals Ready for a Move?
- Read Avi’s latest analysis for the Gold Newsletter: How To Ignore Your FOMO In Mining Stocks.
- Get a copy of Avi’s recommended books by Robert Prechter, A Socionomic Theory of Finance and Elliott Wave Principle: A Key to Market Behavior.
- Master technical analysis with the Chartered Market Technician Program.
Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.