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Hello traders. As our members know, we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in Silver (XAGUSD). The commodity has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this […]
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Forecasting The Rally in Silver (XAGUSD)
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Silver (XAGUSD). The 45 minutes London chart update from July 17 shows that the metal has ended cycle from July 2 low. The rally in wave ((iii)) ended at 19.37 high. The sub-waves of the rally unfolded as 5 […]
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Elliott Wave View: Oil (CL_F) Extending Higher
Read MoreOil ended cycle from July 6 high. From there, the commodity extended higher. While above July 10 low, expect dips to find support in 3, 7, or 11 swings.
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Elliott Wave View: Oil Looking To Break Higher
Read MoreOil extended higher from June 25 low. As long as pullback stays above that low, expect dips to find support in 3, 7, or 11 swing for more upside.
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Elliott Wave View: 5 Waves Rally in Silver from March Low
Read MoreSilver shows higher high sequence from June 15 low. While above June 24 high, expect dips in 3,7 or 11 swing to find support and silver to extend higher.
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Natural Gas (NG_F) Continue To Resume Lower
Read MoreIn this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). In the previous article from May 13, 2020, we showed how Natural Gas reached the blue box area and turned lower from there. The 4 hour chart update below from May 14 shows that the commodity has […]
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Elliott Wave View: Gold Extends Higher
Read MoreGold shows higher high sequence from 6.5.2020 low. While above 6.15.2020 low, expect the dips in 3,7,11 swings to find support and gold to extend higher.