Copper (HG_F) Elliott Wave : Buying the Dips at the Equal Legs Zone

Short Term Elliott Wave in XAGUSD (Silver) suggests cycle from 5.20.2024 high remains in progress as a double three structure. Down from 5.20.2024 high, wave ((a)) ended at 30.03 and wave ((b)) rally ended at 32.29. Wave ((c)) lower ended at 29.36 which completed wave W. Rally in wave X has ended at 31.53 as […]

Gold reversed from support zone Likely to rise to resistance level 2400.00 Gold recently reversed up from the support zone lying between the support level 2300.00, lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from March. The upward reversal from the support level 2300.00 stopped the previous intermediate ABC correction […]

  Gold edges lower on Tuesday morning after rally in past two days reaching levels ticks away from new record high ($2531). Traders show hesitation, keeping the price in extended consolidation, but demand for yellow metal remains strong, mainly due to weaker dollar on Fed rate cut signals and growing geopolitical tensions in the Middle […]