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 […]

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 to our clients on the 08/30/19. showing that GDX ended the cycle from 08/18/19 low at the peak of 08/28/19 at 30.88. Below from there, we […]

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 waves impulsive Elliott Wave structure. On the 1 hour chart below, we can see wave (4) pullback ended at $16.92. The metal has since resumed […]