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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UK Oil (Brent) – One more push prior to advance
Read MoreUK Brent Oil has been on a bullish trend since the lows of April 2020 – the start of the Covid19 pandemic. Despite the fears of UK Oil dropping in value we witnessed price climbed from 20.00 to 130.00 within the space of two years. Ever since the highs we have been within a corrective […]
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Elliott Wave View: Silver Looking to Correct Further
Read MoreSilver shows a 5 waves decline from April 18 high favoring more downside. This article and video look at the Elliott Wave path.
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Platinum Elliott Wave Outlook
Read MorePrecious metals and other commodities continue their bullish run as a result of inflationary pressure and war in Ukraine. In this article, we will take a look at Platinum. Platinum is considered as a precious metal. However, unlike gold, Platinum has industrial application. 75% of the worlds’ supply of gold is used in coins, bars […]
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Elliott Wave View: Gold Correction in Progress
Read MoreGold shows a lower low sequence from March 8 peak suggesting further downside can’t be ruled out. This article and video look at the Elliott Wave path.
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Elliott Wave View: Oil Looking for Further Pullback
Read MoreShort Term outlook in Oil suggests the decline from March 7, 2022 is unfolding as a double three Elliott Wave structure. Down from March 7 peak, wave (W) ended at 93.53 and rally in wave (X) ended at 116.64. Internal subdivision of wave (X) unfolded as a double three. Wave W ended at 106.28 and […]
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Elliott Wave View: Gold Rallies Higher After 3 Waves Pullback
Read MoreGold (XAUUSD) reacting higher after a 3 waves pullback. This article and video look at the short term Elliottwave path of the metal.