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: Palladium 7 swing Correction In Progress
Read MorePalladium is in a 7 swing correction before the rally resumes. This article and video look at the Elliottwave path and target.
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Elliott Wave View: Oil Shows 5 Waves Rally
Read MoreShort term Elliott wave view in Oil (CL_F) suggests the rally from February 5 low shows a 5 swing bullish sequence. We label the rally as an impulse Elliott Wave structure with a nest. Up from February 5 low, wave 1 ended at 52.2 and wave 2 pullback ended at 49.42. Wave 3 higher is […]
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XAUUSD Impulsive Elliott Wave Decline In Progress
Read MoreXAUUSD (Gold) formed a secondary peak at 1593.82 on February 2, 2020 and turned lower sharply. Primary count suggests secondary peak completed wave B as a FLAT and wave C lower has started which should form part of a Zigzag Elliott wave structure down January 7, 2020 peak. A zigzag is a 5-3-5 structure in […]
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Oil (CL_F) Selling Wave Four Bounce At The Blue Box Area
Read MoreIn this blog, we are going to take a quick look at the Elliottwave chart of Oil (CL_F). Oil is proposed to be in wave ((C)) which we expect to unfold as a 5 waves move down. The chart from 1.28.2020 New York Midday update showed that Oil has ended wave (3) at 52.15 low. […]
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Elliott Wave View: Silver Has Scope for More Downside
Read MoreSilver shows incomplete sequence from Jan 8 and the metal has scope to see more downside. This article and video look at the Elliott Wave path.
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Silver Elliott Wave View: Forecasting The Path Using Elliott Wave Theory
Read MoreIn this technical blog, we’re going to make a recap of our recent forecast in Silver (XAG), which has been following the path that we had established in our charts offered to the customers of Elliottwave-Forecast. If you’ve been following us in the last couple of weeks, an interesting move has happened in the metal […]