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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Elliott Wave Analysis: Gold Ending Correction
Read MoreGold Short Term Elliott Wave view suggests that the decline to 1306.96 ended Intermediate wave (X). The rally from there is unfolding in 5 waves impulse Elliott Wave structure. Minutte wave (i) ended at 1337, Minutte wave (ii) ended at 1317.27, Minutte wave (iii) ended at 1357.12, Minutte wave (iv) ended at 1348.30, and Minutte wave (v) […]
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Elliott Wave Analysis: Gold Favored Higher Against 1306.96
Read MoreGold Short Term Elliott Wave view suggests that Intermediate wave (X) ended with the decline to 1306.96. Up from there, the yellow metal is rallying in 5 waves impulse Elliott Wave structure where Minutte wave (i) ended at 1337, Minutte wave (ii) ended at 1317.27, Minutte wave (iii) ended at 1357.12, Minutte wave (iv) ended at […]
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Elliott wave Analysis: Gold renews the Path to $1450
Read MoreGold Short-term Elliott Wave view suggests that the decline from January 25.2017 high (1365.96) to February 08.2018 low ended Minor wave X at 1306.96 low. After reaching the 100%-123.6% Fibonacci extension area of ((w))-((x)) at 1306.70-1297.49 area. When internals in Minor wave X unfolded as Elliott Wave Double Three Structure, where each leg had an internal distribution of 3-3-3 […]
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CORN (ZC #F) Futures Impulsive Elliott Wave Rally
Read MoreHello fellow traders, another trade setup we have advised to members recently is Corn Futures.In this technical blog we’re going to take a quick look at the past Elliott Wave charts of ZC #F published in members area of www.elliottwave-forecast.com , explain the forecast and trading setup. As our members know, Corn have had incomplete bullish […]
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OIL (CL #F) Showing Impulsive Sequence
Read MoreOIL (CL #F) Short-term Elliott Wave view suggests that the rally from 55.82 December 07 low is unfolding as an impulse Elliott Wave structure with extension in 3rd swing higher, where each leg has internal oscillations of 5 waves thus favoring it to be an impulse. These 5 waves move higher should end the Intermediate wave (A) higher in an Impulse sequence. Afterwards, the […]
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Silver: Impulsive Elliott Wave Rally
Read MoreSilver Short term Elliott Wave view suggests that the decline to December 12.2017 low 15.60 ended Intermediate wave (X). A rally from there is unfolding as an impulse Elliott Wave structure with extension in 3rd swing higher, where each leg has internal oscillations of 5 waves thus favoring it to be an impulse. These 5 waves move higher, either ended Minor wave A in […]