• 763 days Will The ECB Continue To Hike Rates?
  • 764 days Forbes: Aramco Remains Largest Company In The Middle East
  • 765 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,165 days Could Crypto Overtake Traditional Investment?
  • 1,170 days Americans Still Quitting Jobs At Record Pace
  • 1,172 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,175 days Is The Dollar Too Strong?
  • 1,175 days Big Tech Disappoints Investors on Earnings Calls
  • 1,176 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,178 days China Is Quietly Trying To Distance Itself From Russia
  • 1,178 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,182 days Crypto Investors Won Big In 2021
  • 1,182 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,183 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,185 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,186 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,189 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,190 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,190 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,192 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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