Elemental Resistance affects ...?

I'm a 116 Blaze Wizard and I'm having some trouble hunting time pieces in regret 5. The thing is I only have 9500 mp or so and meteor takes up 6000 mp and then they hit me for about 3500 dmg iirc. I die too much and waste too much pots so my question is if elemental resistance affects the dmg of qualm guardians or chief qualm guardians? If not any other tips on surviving? Yes, I realize I've posted this in the mage Q/A but noone gave me an anwser so I thought I'd try a more watched forum.

Bottom Line: Does Elemental Resistance affect the damage that qualm guardians or chief qualm guardians do too you?

I look forward too your anwsers