Elliott Wave View: Selling Pressure in Oil Should Continue
Oil shows incomplete bearish sequence from April 23, 2019 high favoring further downside. The recent break below June 5, 2019 low (50.60) confirms the double three Elliott Wave structure from…
GDX Elliott Wave View: Found Buyers in Blue Box and Rallied
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: Gold Resumes Wave 5 Rally
Elliott Wave view suggests the pullback to 1400.46 in Gold ended wave (4). Internal of wave (4) pullback unfolded as a zigzag from July 19 high (1452.95). On the chart…
Gold Reached The Biggest Extreme. What’s Next?
In this Chart of the Day, we have explained that Gold has reached the biggest extreme from 2015 lows by reaching our target area at $1450. However, Gold is calling…
Silver Elliott Wave View: Impulse Move Favoring More Upside
Silver rally from May 28, 2019 low is unfolding as an impulse Elliott wave structure favoring more upside to take place. The near-term pullback to $14.87 low ended wave ((ii)).…
SILVER ( $XAGUSD ) Forecasting The Rally
Hello fellow traders. Recently we were forecasting the rally in commodities like SILVER and GOLD. As our members know, GOLD has been showing an incomplete sequence from August 16, 2018…
Elliott Wave View: Gold Should Extend Higher
Gold shows an incomplete sequence from August 16, 2018 low favoring further upside. Near term, pullback to 1385.34 ended wave (4). The yellow metal has resumed higher in wave (5).…
SUGAR ( $SB_F ) Forecasting The Decline After Elliott Wave Flat
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SUGAR ( $SB_F ) published in members area of the…
Elliott Wave View: Gold Extends Higher in Impulsive Move
Short Term Elliott wave view in Gold suggests that the decline to $1381.42 low on July 1 ended wave (4). Above from there, the yellow metal is rallying higher as…
