commodities

The XAUUSD formation hints at the construction of a large corrective wave (4) of the intermediate degree. It could have a complex formation of a triple zigzag with minor sub-waves W-X-Y-X-Z. It seems that the second intervening wave X…
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DXY seems to be forming a cycle correction IV. It is a primary triple zigzag and consists of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Since April, the market has been moving downwards as part of the second intervening wave Ⓧ, which has a complex triple…
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USOIL is forming a major impulse of a cycle degree, which has recently completed the horizontal correction IV. Correction IV took the pattern of a contracting Ⓐ-Ⓑ-Ⓒ-Ⓓ-Ⓔ triangle of the primary degree. Then the price started to rise in a…
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The XAUUSD structure indicates that a bearish corrective wave (4) has ended. A rise in a new bullish impulse formed the minor waves 1 and 2. Minor wave 3 is currently under development with the structure schematically on the chart.…
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The current DXY structure hints at a bearish cycle impulse. The corrective wave IV is partially complete, which took the form of a primary double zigzag. In the last section of the chart, we see the formation of the fifth wave. This…
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The structure of the XAGUSD currency pair shows a cycle triple zigzag under construction. As part of the second intervening wave x recently ending. The cycle wave x is a bearish triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag. After completing this figure, we…
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The USOIL chart shows the final part of a large bullish impulse consisting of primary sub-waves ①-②-③-④-⑤. Wave ④ is still under development at the time of writing. This is the penultimate wave in the cycle impulse c. The correction ④…
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The SPX500 has been moving up in a cycle wave V, which takes the form of a primary impulse ①-②-③-④-⑤. The first four parts of this impulse are complete, with wave ⑤ is still under development. In the short term, we could expect the…
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The current structure for gold shows a bearish corrective wave (4), which has been formed for a long time. Most likely, it came to an end, taking the form of a minor triple zigzag. At the time of writing, the initial part of the new…
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