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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Gold (XAUUSD) Bearish Sequence Favors More Downside
Read MoreGold (XAUUSD) shows bearish sequence from 5.4.2023 high expecting further downside. This article and video look at the Elliott Wave path.
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$CT #F: Nesting Price Action in Cotton Provides an Opportunity
Read MoreCotton 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 obtained the dominance in textile manufacturing during the British industrial revolution in the 18th century. It was so critical that at times of Civil War […]
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Elliott Wave View: Silver (XAGUSD) Has Scope for Further Downside
Read MoreSilver (XAGUSD) is looking to end wave 5 from 7.20.2023 high and has scope for more downside. This article and video look at the Elliott Wave path.
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Oil (CL) Should Extend Higher in Impulsive Structure
Read MoreRally in Oil (CL) is in progress as an impulse and should extend higher. This article and video look at the Elliott Wave path.
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Platinum (PL) Pullback Should Find Buyers
Read MorePlatinum (PL) is still correcting cycle from 9.1.2022 low and the correction is unfolding as a double three. In this article, we will update the longer term Elliott Wave outlook for Platinum. We also present an alternate view if the pivot at September 2022 low (803) fails, which suggests a bigger correction against March 2020 […]
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Gold (XAUUSD) Is at Area Where It Can Pullback
Read MoreShort Term Elliott Wave structure in Gold (XAUUSD) suggests the drop in Gold on August ended wave A at 1884.16 low. The metal now is extending higher in 3 swings to end a wave B correction. Up from 8.17.2023 low, wave (i) ended at 1904.50 and wave (ii) pullback ended at 1889.02. Rally from wave (ii), […]