Elliott Wave view on Gold suggests the rally from August 2018 low last year remains in progress as a 5 waves impulse Elliott Wave structure. On the 1 hour chart below, we can see wave ((4)) of this impulse is proposed complete at 1458.76. Internal subdivision of wave ((4)) unfolded as a double three where wave […]

Short term Elliott Wave view on Oil suggests wave (B) rally ended at 63.38 on September 17, 2019 high. The commodity has since turned lower within wave (C) which is unfolding as 5 waves impulse Elliott Wave structure. This view will get validation when it breaks below the previous low on August 7, 2019 low (50.52). […]

In this blog, we take a look at the 1 hour Elliott Wave charts performance of Palladium, which our members took advantage at the blue box extreme areas.

After the 18% gap on the news of Saudi Arabia’s oil refinery attack, Oil has retraced. This video looks at the Elliott Wave path.

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 they deployed 10 drones for the attack. However, U.S. Secretary of State Mike Pompeo dismissed the claim and accused Iran instead. Iran denied the accusation […]

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, agreement to solve their disputes. Nonetheless, the news is a welcome relief to the market with the year-long conflict dampening 2020 growth forecasts. Prior to […]