Elliott Wave View: Gold (XAUUSD) Remains Bearish Near Term
Short term Elliott Wave view in Gold (XAUUSD) suggests the decline from 6/17/2022 high is unfolding as a 5 waves impulse Elliott Wave structure to complete a wave 3 of…
Hard Red Winter Wheat: Towards Bread Shortages in 2023?
Hard Red Winter Wheat is one of the grain commodities, along with soft red wheat, corn, soybeans and others. Within the wheat family, first of all, there is a fundamental…
Elliott Wave View: Oil Near To Complete a Cycle Looking For A Bounce
Short term Elliott Wave view in Oil suggests the decline from 123.77 did 5 waves down ended an impulse as wave ((a)) at 101.56. Then market bounced building a corrective…
GCC (Wisdomtree Commodity Strategy Fund) Calling For Higher Commodities
GCC (Wisdom Tree Commodity Strategy Fund) is a great indicator for commodities direction. This Fund is positively correlated with Oil. Previously, we have mentioned the idea that the Fund reached…
Platinum: Elliott Wave Support Area
The Fed's aggressive rate hikes to fight inflation has caused deterioration in economic outlook. Atlanta Fed's GDP gauge now sees the second quarter running at - 2.1%. With the first…
Elliott Wave View: Silver (XAGUSD) Has Resumed Lower
Short term Elliott Wave view in Silver (XAGUSD) suggests the decline from 6/6/2022 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 6/6/2022 high, wave…
15 Best Commodity Stocks to Buy Now
What are Commodity Stocks? Commodities are goods that are used every day such as food, energy, or metals. Commodities are raw materials used to create the products consumers buy, from…
$CT #F: How to Buy Pullback in Big Rally of Cotton Prices?
Cotton is one of soft commodities, along with sugar, coffee, orange juice and cocoa. In early centuries, Alexander the Great has brought cotton from Pakistan to Europe. Much later and finally, it has…
AUG (Gold/Silver Ratio): The Ratio Showing The Path Of Silver
The Gold to Silver Ratio (AUG) is always a good indicator of the path of commodities and the $USDX. The ratio found sellers on March.2020, and the peak agrees with…