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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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.
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Elliott Wave View: Silver Buyers Should Appear Soon
Read MoreSilver (XAGUSD) is correcting cycle from February 3, 2022 low but buyers should appear soon. This article and video look at the Elliott wave path.
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Elliott Wave View: Pullback in Gold Should Remain Supported
Read MoreGold (XAUUSD) has started the next leg higher and pullback should continue to find support. This article and video look at the Elliott Wave path.
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Threat of War and High Inflation Support Gold
Read MoreAfter 1 year of muted and sideways movement, Gold looks to show some strength recently. Gold futures settled at $1900 an ounce for the first time since June last year. A threat of potential war between Russia and Ukraine might contribute to the recent strength. However, the main driver for the precious metal remains to […]