Image Source: In this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:36SPDR ETF Report For Wednesday, Feb 5Financial Markets Report For Wednesday, Feb 5SPDR ETF Report For Tuesday, Feb 4

Image Source: AAVE/ U.S. dollar(AAVEUSD)AAVEUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave VDirection Next higher Degrees:Wave Cancel invalid Level:AAVE/ U.S. dollar(AAVEUSD)Trading Strategy:Details: The ongoing corrective phase (Wave IV) is respecting the parallel trend channel. A breakout above the $349 bullish level confirms the start of Wave V, leading the price higher. Traders should watch for:Trading strategies* Buy Strategy (Long Position):   * Wait for a price pullback to look for an opportunity to join the uptrend.* Risk Management:   * W.C. Invalid: 192.993 (support level that if price breaks below, this Elliott Wave structure will be incomplete) AAVE/ U.S. dollar(AAVEUSD)ADAUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double Correctiveposition: Wave ((Y))Direction Next higher Degrees: Wave Cancel invalid level:AAVE/ U.S. dollar(AAVEUSD)Trading Strategy:Details: The ongoing corrective phase (Wave IV) is respecting the parallel trend channel. A breakout above the $349 bullish level confirms the start of Wave V, leading the price higher. Traders should watch for:Trading strategies* Buy Strategy (Long Position):   * Wait for a price pullback to look for an opportunity to join the uptrend.* Risk Management:   * W.C. Invalid: 192.993 (support level that if price breaks below, this Elliott Wave structure will be incomplete)Technical Analyst: Kittiampon SomboonsodSource: Tradinglounge.com

Image Source: Aurora Cannabis () was trading in an ABC correction through 2024 after a sharp and impulsive rally at the beginning of 2024. It actually formed a nice bullish setup formation at the beginning of 2025. Aurora Cannabis has just jumped on record-breaking Q3 earnings and with the current break back above trendline, seems like bulls are back in the game and we can expect more gains in 2025, just watch out on short-term pullbacks.ACB Daily ChartBasic bullish pattern shows that Aurora Cannabis formed a bullish setup with an impulsive five-wave rally, followed by an ABC correction, which can send the price higher by Elliott wave theory.For more analysis like this, you may want to watch below our latest recording of a live webinar streamed on February 03 2025:

Image Source: Covered for difference prices as reported by TradingEconomics is jumping up to $7/dozen for January.Figure 1: PPI for eggs (black, left scale), price dozen eggs (blue, right scale), ERS forecast (light blue square), covered for difference dozen eggs (tan, right scale).  Source: BLS, ERS, TradingEconomics.com. Soybeans, AgainFourth (Maybe Third) Largest Tax Increase Ever – China 2025 TariffsBringing Down Grocery Prices, Trump Style

Image Source: Short Term Elliott Wave View in Gold Miners ETF () suggests rally from 12.30.2024 low is in progress as an impulse. Up from 12.30.2024 low, wave 1 ended at 38.2 and dips in wave 2 ended at 36.84. Internal subdivision of wave 2 unfolded as a zigzag Elliott Wave structure. Down from wave 1, wave ((a)) ended at 37.31 and wave ((b)) ended at 37.95. Wave ((c)) lower ended at 36.83 which completed wave 2 in higher degree.The ETF has extended higher in wave 3 with subdivision as a . Up from wave 2, wave ((i)) ended at 38.16 and pullback in wave ((ii)) ended at 36.84. The ETF extended higher in wave (i) towards 39.73 and pullback in wave (ii) ended at 38.14. Up from there, wave i ended at 39.92 and wave ii ended at 39.24. Wave iii higher ended at 41.53 and pullback in wave iv ended at 40.80. Expect the ETF to end wave v of (iii), then it should pullback in wave (iv) before higher again. Near term, pullback should find support in 3, 7, or 11 swing against 36.83 low for further upside. GDX 45 Minutes Elliott Wave Chart   Gold Miners ETF (GDX) Video  Video Length: 00:03:46Elliott Wave View: Bitcoin Short Term Pullback To Find Support S&P 500 E-Mini Elliott Wave:Forecasting the Future PathElliott Wave View On Gold Impulsive Structure To Resume