Oil Shot Up 17% after Saudi Arabia’s Oil Refinery Attack
In early Saturday, Saudi Arabia's oil processing facilities were hit by what initially thought to be drone strikes. Yemen's Houthi rebels claim responsibility for the attack. The Houthi spokesperson claimed…
Profit Taking in Gold as Trade Talk Resumes
Last week, China and the U.S. have agreed to resume face-to-face talk in Washington in early October. It's however still unclear if both sides can make substantial, even if temporary,…
GDX Elliott Wave Analysis: Calling The Reaction Higher From Inflection Area
Hello fellow traders. Today, I want to share some Elliott Wave charts of the GDX which we presented to our members in the past. You see the 1-hour updated chart presented…
Elliott Wave View: How High Can Silver Go?
Since forming the low on November 2018 at $13.9, Silver has rallied 40% to current price of $19.4. The move higher from $13.9 low took the form of a 5…
Gold Broke to New All-Time High Against Most Major Currencies
Great Year for Precious Metals Year 2019 certainly has been a good year for the Gold bulls. The metal accelerated its rally after President Trump announced 10% tariffs on the…
Elliott Wave View: Gold Likely Still Has More Upside
Short Term Elliott Wave structure in Gold suggests the rally to $1528 on August 16 ended wave 1. The precious metal then pullback to $1492 which ended wave 2. The…
Elliott Wave View: Copper Expected to Turn Lower Soon
Short Term Elliott Wave structure in Copper suggests the rally to $2.64 ended wave (2). The metal has since resumed lower in wave (3). The internal of the move lower…
Elliott Wave View: Silver Remains Supported
Short Term Elliott Wave structure from the chart below suggests the rally in Silver to $17.5 ended wave (3). The metal then pullback in wave (4) to 16.91 with internal…
Natural Gas Found Sellers At The Blue Box
In this technical blog we’re going to take a quick look at the Elliott Wave charts of Natural Gas, published in members area of the website. As our members know,…
