Silver (XAGUSD) Ended Correction and Turned Higher
Silver (XAGUSD) cycle from 10.3.2023 low is in progress as an impulse. Up from 10.3.2023 low, wave (1) ended at 23.69 and pullback in wave (2) is proposed complete at…
Gold (XAUUSD) Pullback Looking for Support to the Upside
Short Term Elliott Wave in Gold (XAUUSD) suggests that the metal is correcting cycle from 10.6.2023 low. Up from 10.6.2023 low, wave (1) ended at1997.16. Pullback in wave (2) is…
$CC #F: Cocoa Prices Trade in a Bullish Sequence
Cocoa (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…
Platinum (PL) Correction Remains In Progress
Platinum (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…
Gold (XAUUSD) Bearish Sequence Favors More Downside
Gold shows incomplete bearish sequence from 5.4.2023 high favoring further downside. Down from 5.4.2023 high, wave (W) ended at 1898.12 and wave (X) rally ended at 1987.42. Gold then resumed…
$CT #F: Nesting Price Action in Cotton Provides an Opportunity
Cotton 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…
Elliott Wave View: Silver (XAGUSD) Has Scope for Further Downside
Short Term Elliott Wave View in Silver (XAGUSD) suggests decline from 7.20.2023 high is in progress as a 5 waves diagonal. Down from 7.20.2023 high, wave 1 ended at 22.608…
Oil (CL) Should Extend Higher in Impulsive Structure
Short Term Elliott Wave View in Oil (CL) suggests the rally from 6.12.2023 low is in progress as a 5 waves impulse structure. Up from 6.12.2023 low, wave 1 ended…
Platinum (PL) Pullback Should Find Buyers
Platinum (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…
