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 […]
-
Elliottwaves forecasting the decline in Copper ( $HG #F)
Read MoreDuring the last days of July 2016 Copper Futures has been forming very interesting price patterns. Our Elliott Wave and Cycle analysis suggested the price has been correcting the decline from the 07/12 peak, looking for 2.233-2.260 area where sellers would be appear. Copper was proposed to reach the mentioned area and complete wave X […]
-
The Bullish Outlook for Silver: Is it the most undervalued metal?
Read MoreSilver’s Intrinsic Monetary Value Silver is a unique metal which belongs to the category of Precious Metal. Along with Gold, Silver has been used as money for thousands of years. It was the Roman Empire in 330 BCE who first used gold and silver in a widespread currency system. Under the Roman currency system, denarius is the name of a […]
-
Is uncertainty Gold’s best friend?
Read MoreGold is enjoying a strong run in recent times due to the recent decision market shake Britain to leave the European Union. Healthy boost the yellow metal is exhibited by an increase roughly 24 % of its value since the beginning of this year. Gold prices rebounded as much as about 8 % to its […]
-
Oil $CL_F Short-term Elliott Wave Analysis 7.1.2016
Read MoreShort term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with the internal as a double three where wave ((w)) ended at 45.83 and wave ((x)) bounce ended at 50. Near term focus […]
-
Oil $CL_F Short-term Elliott Wave Analysis 6.30.2016
Read MoreShort term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with the internal as a double three where wave ((w)) ended at 45.83 and wave ((x)) bounce is proposed complete at 50. […]
-
Oil $CL_F Short-term Elliott Wave Analysis 6.29.2016
Read MoreShort term Elliottwave structure suggests cycle from 6/9 peak remains alive as a double three where wave W ended at 45.83 and bounce to 50.54 ended wave X. Wave Y lower is in progress with the internal as a double three where wave ((w)) ended at 45.83 and wave ((x)) bounce remains in progress as a […]