In this blog, we are going to take a look at the Elliott Wave chart of Silver (XAGUSD).  The 45 minutes London chart update from July 17 shows that the metal has ended cycle from July 2 low. The rally in wave ((iii)) ended at 19.37 high. The sub-waves of the rally unfolded as 5 […]

Gold prices continue to extend higher as the EU sets to announce a historic €750 billion coronavirus stimulus. The US Congress is also debating for a new aid package to counter the economic effects of the pandemic. With all the unprecedented fiscal and monetary stimulus, market once again seems to expect inflation to make a return. […]

DXY has continued lower from June 30 high. While below July 10 high, expect the bounce in 3,7, or 11 swings to fail for more downside in the near term.

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of  Natural Gas ( $NG_F) published in members area of the Elliottwave-Forecast . As our members know, Natural Gas recently made 5 waves down from the 1.924 high. The commodity corrected the short term cycle from the […]