
Hello traders. As our members know, we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in Silver (XAGUSD). The commodity has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this […]
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$HG_F (Copper) 6.12.2013
Read MoreDr. Copper is following our proposed path perfectly so far. We have seen the bounce that we expected in yesterday’s chart of the day and we expect resistance between 3.23 – 3.25 to cap for continuation lower. Only a break of 3.285 would negate this view.
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$HG_F (Copper) 6.11.2013
Read MoreMetal appears to be in a 7 swing decline from 3.40 peak when rally to 3.28 was wave ( x ). Expect a pullback to hold below this level and another swing lower toward 3.14 – 3.15 region to complete a cycle from 3.40 peak.
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