
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 […]
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$XAGUSD (Silver) Elliott Wave Analysis 3.25.2014
Read MorePreferred Elliott wave view is that Silver has ended a cycle at 22.17 and 7 swings lower suggest wave “W” is nearing completion (another low to 19.53 – 19.76 is still expected) Soon, expect a recovery in wave “X” which can reach as high as 50 – 61.8 fib of the drop from 22.17 peak […]
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$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 […]
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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
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$GC_F (Gold) Wave 5 in progress
Read MorePreferred view suggests yellow metal is in wave 5 of ( C ) and after a B wave pull back toward 1332 – 1336, we should see further strength in wave C of 5 toward 1365 – 1370 region to complete wave (( B )) from where the decline should resume. We don’t like selling […]
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$HG_F (Copper) 1 Hour Elliott Wave Analysis (updated)
Read MoreWave B high is proposed to be in place at 3.32. Metal completed wave (( b)) & is currently trading lower in wave (( c )) of ((w)) which is expected to end in the orange zone which lies between 3.169 – 3.191. From here expect metal to recovery in a corrective fashion and resume […]
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$HG_F (Copper) 1 Hour Elliott Wave Analysis
Read MoreWave B high is proposed to be in place at 3.32. Triangle consolidation broke lower as expected, expect a test of 3.209 – 3.225 area to produce a corrective (( b )) wave bounce and lower again.