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You are here: Home / Archives for Commodities

Natural Gas (NG): A Look at Elliott Wave Decline and Target Area

CalendarThursday 12 January 2023 User By Daud Bhatti

Natural Gas Elliott Wave Target Area

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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  • HE #F: Lean Hogs Reacting Higher from Blue Box Area

    HE #F: Lean Hogs Reacting Higher from Blue Box Area


    Lean Hogs is a livestock commodity within the agriculture asset class, along with live cattle, feeder cattle and pork cutouts. One can trade Lean Hogs futures at Chicago Mercantile Exchange in contracts of 40’000 pounds each under the ticker HE #F. As a matter of fact, the futures prices are widely used by U.S. pork […]

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  • XAGUSD: Silver reaction higher from equal legs area

    XAGUSD: Silver reaction higher from equal legs area


    Hello Traders, in this article we will analyze how XAGUSD (Silver), reacted higher from equal legs area. With the cycle from 02.02.2023 decline in Silver having a clear connector we were able to project the area in which we were expecting a reaction to take place. Here at Elliott Wave Forecast, we call these areas, […]

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  • Bullish Elliott Wave Outlook in Gold (XAUUSD)

    Bullish Elliott Wave Outlook in Gold (XAUUSD)


    Gold (XAUUSD) rallies from 2.28.2023 low as an impulse favoring more upside. This article and video look at the Elliott Wave path.

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  • Lithium ETF (LIT) Should See More Downside To Reach A Blue Box

    Lithium ETF (LIT) Should See More Downside To Reach A Blue Box


    The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global […]

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  • Platinum (PL) Ended Correction and Resumes Higher

    Platinum (PL) Ended Correction and Resumes Higher


    In our last blog from December 2022, we wrote that Platinum is ready to rally in 2023 after a 3 waves pullback. Fast forward 3 months later, the pullback has likely completed. The metal can start to resume higher in months to come. Below we will look at the technical outlook using Elliott Wave. Platinum […]

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  • Elliott Wave View: Sideways Price Action in Oil (CL) May Resolve to the Upside

    Elliott Wave View: Sideways Price Action in Oil (CL) May Resolve to the Upside


    Oil (CL) shows rallies as an impulse from 12.9.2022 low favoring more upside. This article and video look at the Elliott Wave path.

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