• 842 days Will The ECB Continue To Hike Rates?
  • 842 days Forbes: Aramco Remains Largest Company In The Middle East
  • 844 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,244 days Could Crypto Overtake Traditional Investment?
  • 1,249 days Americans Still Quitting Jobs At Record Pace
  • 1,251 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,254 days Is The Dollar Too Strong?
  • 1,254 days Big Tech Disappoints Investors on Earnings Calls
  • 1,255 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,257 days China Is Quietly Trying To Distance Itself From Russia
  • 1,257 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,261 days Crypto Investors Won Big In 2021
  • 1,261 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,262 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,264 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,265 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,268 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,269 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,269 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,271 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  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