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You are here: Home / Archives for Commodities

Natural Gas (NG): A Look at Elliott Wave Decline and Target Area

CalendarThursday 12 January 2023 User By Daud Bhatti

Natural Gas Elliott Wave Target Area

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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  • CORN ( $ZC_F ) Found Buyers At The Blue Box Area

    CORN ( $ZC_F ) Found Buyers At The Blue Box Area


    In this technical blog we’re going to take a quick look at the Elliott Wave charts of CORN ( $ZC_F)  published in members area of the elliottwave-forecast . As our members know, CORN ended cycle from the 352’3 low as 5 waves structure. We got 3 waves pull back , when the price reached Equal […]

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  • Palladium: Buying Elliott Wave 4 Dip in Blue Box

    Palladium: Buying Elliott Wave 4 Dip in Blue Box


    This week we saw Palladium rallying to new all time high and touching the $1700 psychological barrier. At Elliottwave-Forecast, we told our members last week that any dips should be viewed as a buying opportunity and we highlighted the area where we expected buyers to appear with a blue box. Blue boxes on our charts  are […]

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  • Elliott Wave View: Has Silver Started the Next Leg Higher

    Elliott Wave View: Has Silver Started the Next Leg Higher


    Silver shows a short term incomplete sequence from Oct 1 low, favoring more upside. This article and video looks at the short term Elliott Wave path.

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  • Elliott Wave View: Gold May Have Completed Correction

    Elliott Wave View: Gold May Have Completed Correction


    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 […]

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  • Elliott Wave View: Oil Resumes Lower Impulsively

    Elliott Wave View: Oil Resumes Lower Impulsively


    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). […]

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  • Palladium Bouncing From Elliott Wave Blue Box Area

    Palladium Bouncing From Elliott Wave Blue Box Area


    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.

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