
Hello traders. As our members know, we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in Silver (XAGUSD). The commodity has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this […]
-
$HG_F (Copper) 1 Hour Elliott Wave Analysis 4.4.2014
Read MoreMove up from 2.877 (3.19.2014) low – 3.074 (4.2.2014) high was a corrective 7 swing Elliott wave structure. 7 swings is a corrective sequence and our system is also confirming the end of a cycle from 2.877 low, therefore preferred Elliott wave view is that wave “X” has completed and decline has resumed for new […]
-
$GC_F (Gold) 1 Hour Elliott Wave Analysis 3.31.2014
Read MoreGold decline from 1392 is taking the form of a triple corrective structure, another low toward 1274 -1282 is expected to complete a cycle i.e. wave A. After A completes gold should see a recovery in wave B before the decline resumes. We don’t like buying the metal in proposed wave B recovery and would […]
-
$GC_F (Gold) Elliott Wave Analysis 3.25.2014
Read MoreGold preferred Elliott wave count is showing a triple corrective structure down from 1392 peak when 1342 was 2nd wave (( x )). As channel resistance caps, Gold has scope to drop as low as 1296 and may be as low as 1282 to complete the cycle. 1262 – 1287 is 4 hour inflection zone […]
-
$XAGUSD (Silver) Elliott Wave Analysis 3.25.2014
Read MorePreferred Elliott wave view is that Silver has ended a cycle at 22.17 and 7 swings lower suggest wave “W” is nearing completion (another low to 19.53 – 19.76 is still expected) Soon, expect a recovery in wave “X” which can reach as high as 50 – 61.8 fib of the drop from 22.17 peak […]
-
$GC_F (Gold) 1 Hour Elliott Wave Analysis
Read MorePreferred Elliott wave view suggests the yellow metal has ended a cycle and wave (( B )) high is in place @ 1392. Decline from 1392 is taking the form of a triple corrective structure and can test 1288 – 1298 to complete wave A. After that metal should see a recovery in wave B […]
-
HG Copper : The Perfect Storm
Read MoreWe been calling for more downside on HG (Copper) since February 21/2014. It’s been moving perfectly according to our forecast. Just take a look at this series of charts from members area