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: Short Term Weakness in Silver Still Expected
Read MoreSilver (XAGUSD) decline from Nov 9 high looks impulsive and still has scope to see further weakness. This article and video look at the Elliott Wave path.
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Elliott Wave View: Bullish Outlook in Oil (CL)
Read MoreOil shows a 5 waves rally from November 2 low suggesting further upside is likely. This article and video look at the Elliott Wave path.
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ZL #F: Soybean Oil Turning Higher Will Make Cooking Expensive
Read MoreSoybean 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 oil, basically, for frying and baking. Also, soybean oil finds applications medically and, when processed, for printing inks and oil paints. One can trade Soybean […]
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Elliott Wave View: Silver (XAGUSD) Correction May Extend
Read MoreSilver (XAGUSD) is correcting cycle from March low in a triple three and can see further downside. This article and video look at the Elliott Wave path.
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Elliott Wave View: Copper (HG) Correction in Progress
Read MoreCopper (HG) is correcting cycle from March 23 low before the metal resumes higher again. This article and video look at the Elliott wave path.
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Gold-to-Silver Ratio Suggests Further Upside in Precious Metals
Read MoreGovernment and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue to debase currencies. This environment is very supportive for Gold and Silver in coming years. Indeed, Gold has […]