Elliott Wave view: Copper (HG) Still Has Further Upside
Short term Elliott Wave view in Copper (HG) suggests that the dips to 3.11 on November 11 ended wave ((ii)). The metal has resumed higher and ended wave ((iii)) at…
Will Rising Prices in Hard Red Winter Wheat Make Bread Lovers Suffer?
Hard Red Winter Wheat is one of the grain commodities, along with soft red wheat, corn, soybeans and others. Within the wheat family, first of all, there is a fundamental…
Elliott Wave View: Pullback in Oil Should Stay Supported
Oil (CL_F) shows a bullish sequence from April 22, 2020 low calling for further upside. Near term, rally from November 2, 2020 low is unfolding as a 5 waves impulsive…
Elliott Wave View: Potential Target for Gold’s Correction
Short Term Elliott Wave view in Gold (XAUUSD) suggests the metal continues the correction lower. The internal of the decline from November 9 peak is unfolding as a zigzag Elliott…
Elliott Wave View: Short Term Weakness in Silver Still Expected
Short Term Elliott Wave view in Silver (XAGUSD) suggests the metal remains in complex correction. Decline from August 7 peak (29.86) is unfolding as a double three Elliott Wave Structure.…
Elliott Wave View: Bullish Outlook in Oil (CL)
Short term Elliott Wave View in Oil (CL) suggests it ended wave II at $33.65 on November 2. Internal of wave II unfolded as a zigzag Elliott wave structure where…
ZL #F: Soybean Oil Turning Higher Will Make Cooking Expensive
Soybean Oil is one of the grain & oilseed commodities, along with wheat, soybeans, corn, rice, oats and others. Just behind palm oil, it is the second most used vegetable…
Elliott Wave View: Silver (XAGUSD) Correction May Extend
Short term Elliott Wave View in Silver (XAGUSD) suggests that cycle from August 7 peak is unfolding as a triple three Elliott Wave structure. In the 60 minutes chart below,…
Elliott Wave View: Copper (HG) Correction in Progress
Short term Elliott Wave View in Copper (HG) indicates that the metal has ended the rally from March 19 low at $3.218. The entire rally is unfolding as a 5…