• 1,062 days Will The ECB Continue To Hike Rates?
  • 1,063 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,064 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,464 days Could Crypto Overtake Traditional Investment?
  • 1,469 days Americans Still Quitting Jobs At Record Pace
  • 1,471 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,474 days Is The Dollar Too Strong?
  • 1,474 days Big Tech Disappoints Investors on Earnings Calls
  • 1,475 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,477 days China Is Quietly Trying To Distance Itself From Russia
  • 1,477 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,481 days Crypto Investors Won Big In 2021
  • 1,481 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,482 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,484 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,485 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,488 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,489 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,489 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,491 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

Elliott Wave Analysis: SILVER and Crude OIL

Silver

Silver is seen in fifth wave up now with some overlapping price action from the last few days, so it can be an ending diagonal in wave 5) with resistance near 18.50. We think that price may turn south for a new corrective set-back.

SILVER, 1H

Silver 1-Hour Chart


Crude OIL

Crude oil is turning slightly lower after that spike up to 53.00. We see energy now approaching a trendline support which may be broken soon. Fall below it will indicate that three wave drop can be finally here.

Crude OIL, 1H

Crude Oil 1-Hour Chart

 


Visit our website and Get more charts and forecasts with free access through 14-Day Trial Offer
You can also follow us on twitter @ewforecast
www.ew-forecast.com

 

Back to homepage

Leave a comment

Leave a comment