XAGUSD: Silver reaction higher from equal legs area
Hello Traders, in this article we will analyze how XAGUSD (Silver), reacted higher from equal legs area. With the cycle from 02.02.2023 decline in Silver having a clear connector we…
Bullish Elliott Wave Outlook in Gold (XAUUSD)
Gold (XAUUSD) ended wave (4) at 1803.84. From here, it rallies as a 5 waves impulse Elliott Wave structure. Up from wave (4), wave ((i)) ended at 1858.33 and pullback…
Lithium ETF (LIT) Should See More Downside To Reach A Blue Box
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. The Global X Lithium & Battery…
Platinum (PL) Ended Correction and Resumes Higher
In our last blog from December 2022, we wrote that Platinum is ready to rally in 2023 after a 3 waves pullback. Fast forward 3 months later, the pullback has…
Elliott Wave View: Sideways Price Action in Oil (CL) May Resolve to the Upside
Cycle from 12.9.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 12.9.2022 low, wave 1 ended at 82.64 and pullback in wave 2 ended…
Elliott Wave Suggests Gold (XAUUSD) Still Has Scope to Extend Lower
Since forming the low on September 28, 2022, Gold has rallied and the structure of the rally from 2022 low looks impulsive. It ended the rally on 2.2.2023 high at…
Elliott Wave Projects Oil Pullback to Find Buyers
Cycle from 12.10.2022 low in Oil is in progress as an impulse Elliott Wave structure. Up from 12.10.2022 low, wave 1 ended at 82.64 on 1.23.2023 high and wave 2…
CL_F: Crude Oil Futures Found Support From Equal Legs Area
Hello Traders in this blog we will see how CL_F Crude Oil Futures found support from equal legs area and reacted higher within wave 2. Many traders are wondering whether…
Silver Ended 5 Waves Elliott Wave Structure
Silver ended cycle from 9.1.2022 low as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 20 and pullback in wave (2) ended at 17.97.…