Wave Blog - Elliott
Volatility in energy and metals is creating distinct Elliott Wave setups. : Currently unfolding an ABC zigzag rally . The short-term target is the extension area around $110.54 . Gold :
: The bullish structure remains valid as long as it holds above the support zone. Nasdaq 100 (NDX) : Current momentum is consistent with a final 5th wave. Projections suggest a potential peak near by late April. Commodities & Forex Highlights ELLIOTT WAVE BLOG
Upside targets are set at , with 1.3620 serving as the critical invalidation level. Volatility in energy and metals is creating distinct
Traders should look for confirmation through volume before committing to a new directional trend. : Presumed to be starting wave v of 1 on the H4 chart. Gold : : The bullish structure remains valid
Likely in a reversal phase following stalls in US-Iran peace negotiations.