Sunset Market Commentary

Silver has outperformed gold year-to-date, driven by increasing demand. The fundamental picture for silver is positive, with demand expected to continue outpacing supply. Short-term volatility is possible due to the US election and Federal Reserve meeting. Technically, silver is at a key support level; a close above 32.60 could signal renewed upward momentum. Silver prices […]

AUDUSD is trading sideways, a tad above 0.6547 The downtrend from the September 30 high remains in place Momentum indicators are mostly bearish AUDUSD is trading sideways today, a tad above 0.6547. The bearish trend from the September 30 peak remains firmly in place, and, quite interestingly, AUDUSD bulls have failed, up to now, to […]

Every day, you read news stories about the state of the economy and the stock market affecting consumer and investor behavior. The story goes something like this: When the economy and financial markets show signs of improvement, consumers start to spend more, and investors buy stocks. But if you’re a student of Elliott waves, you […]