Geopolitical Tension Could Be Catalyst for Gold’s Rally
Rising Geopolitical Tension between U.S. and Russia The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department…
Elliott Wave Analysis: Gold Short-term View
Gold short term Elliott Wave view suggests that the yellow metal is in a sideways move, typical characteristic of a triangle Elliott Wave structure. A triangle is a sideways range…
Gold Elliott Wave View: Bullish Triangle Consolidation
Gold has been trading in a sideways range between $1366 and $1302 for nearly 3 months now and has not yet managed to break the consolidation on either side. This…
Elliott Wave View: Copper Starts a New Leg Higher
Short Term Elliott Wave view in Copper suggests that the decline to 2.938 on 3.26.2018 ended Minor wave IV. The metal started a new leg higher from there in Minor…
Elliott Wave Analysis: Oil (CL_F) Looking to Extend Higher in Wave 3
Oil (CL_F) Short Term Elliott Wave view suggests that the decline to 59.95 on 3/9 ended Minor wave 2. Minor wave 3 is unfolding as a 5 waves impulse Elliott Wave…
Elliott Wave Analysis: Copper at Risk of Further Weaknesses
Copper (HG_F) broke below $3.5 low ($3.095) earlier today. As a result, it shows a bearish sequence from 2/16 peak ($3.272), risking for further downside. Current short term Elliott Wave view…
Elliott Wave Analysis: Gold in Double Correction
Revised Short Term Elliott Wave view in Gold suggests that the yellow metal is still correcting cycle from 12/13/2017 low ($1236.3) as a double three Elliott Wave structure. Up from 12/13/2017…
WHEAT (ZW #F) Forecasting Rally & Buying Dips
Hello fellow traders. Another trade setup we have advised to members recently is WHEAT (ZW #F). In this technical blog we’re going to take a quick look at the past…
Gold Elliott Wave Analysis: 2.27.2018
Short Term Elliott Wave view in Gold suggests the decline to $1306.8 ended Intermediate wave (X). However, the yellow metal needs to break above Intermediate wave (W) at $1366.06 to rule…