Natural Gas (NG) has lost over 63% in value since the peak in August 2022. It has been a rather sharp decline with a sizeable recovery in the middle before the decline resumed again. Today, we will take a look at Elliott Wave structure of the decline from August 2022 peak, show some charts from […]
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Hard Red Winter Wheat: Buying Weekly Pullbacks
Read MoreHard 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 difference between two wheat types. Soft wheat is low in protein and is basically used in cakes in pastries. By contrast, hard wheat has a […]
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Platinum (PL) Ended Correction and Turning Higher
Read MorePlatinum (PL) may have ended the correction to the cycle from 9.1.2022 low and in the early stage of turning higher. If the pivot on September 2022 low at 796.8) breaks, it suggests a bigger correction against March 2020 low within wave (II) which is not our primary view at the moment. In the higher […]
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Silver (XAGUSD) Ended Correction and Turned Higher
Read MoreSilver (XAGUSD) has ended cycle from 10.20.2023 high and turns higher. This article and video look at the Elliott Wave path.
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Gold (XAUUSD) Pullback Looking for Support to the Upside
Read MoreGold (XAUUSD) is correcting cycle from 10.6.2023 low before it turns higher. This article and video look at the Elliott Wave path.
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$CC #F: Cocoa Prices Trade in a Bullish Sequence
Read MoreCocoa (or cocoa bean) is one of soft commodities, along with sugar, coffee, orange juice and cotton. The bean is the fully dried and fermented seed, wherefrom cocoa solids and cocoa butter can be extracted. Cocoa beans are the basis of the chocolate. One can trade Cocoa futures at ICE owned New York Board of […]
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Platinum (PL) Correction Remains In Progress
Read MorePlatinum (PL) is still correcting cycle from 9.1.2022 low before the rally resumes. We also present an alternate view if the pivot at September 2022 low (796.8) fails. If it breaks below 796.8, it suggests a bigger correction against March 2020 low. In the higher time frame, the metal is in a bullish grand super […]