In this Technical blog, we are going to take a quick look at the past 1 hour Elliott Wave performance of Palladium. Which we presented to our clients at elliottwave-forecast.com. We are going to explain the structure from 10/16 (1005.21) cycle below. Palladium 1 Hour October 18 Asia updated Elliott Wave Chart A rally from 9/20 low (898.27) to 10/16 peak […]

This week both Brent Crude and WTI (Light Sweet Crude Oil) made a new price high in more than 2 years with Brent Crude rising to $64 per barrel and WTI to $57 per barrel. These price gains come before the OPEC’s meeting later this month on Nov 30. In the past two years, OPEC has imposed production cuts in […]

Commodities have been in an All-time correction since they peaked in 2011 and they can be showing the next good Long-term Trading or an Investing opportunity across the Market. Commodities like Silver and Gold have always represented value and we cannot expect that value to disappear all of a sudden. Silver is a very interesting […]

The $PA_F  Palladium Weekly Bullish Swing Sequence  Palladium is a bullish commodity. Firstly I’ll mention the attached Palladium chart below is only a swing sequence labeled chart. This is from the monthly time frame. The data goes back to the 1980’s. It should not be relevant of as what the structure of the wave and cycle up […]

Short term Gold Elliott Wave view suggests that the rally from 10/06 low (1260.52) to 10/16 peak (1306.35) ended intermediate wave (X) then the decline from there is unfolding as a a double three Elliott wave structure. As the structure of the 10/16 peak looks to be overlapping, hence suggesting its corrective structure, either W, X, Y or W, […]

Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of  OIL ( CL #F ) published in members area of www.elliottwave-forecast.com. In further text we’re going to get through short term price structures and explain the Elliott Wave view. OIL Elliott Wave 1 Hour New […]