Inflation Risk Supports Gold and Silver

by elliottwave-forecast.com | May 6, 2021 3:53 pm
An increasing number of companies gave warning for supply shortage which force them to raise prices. Manufacturers and producers from various industries such as semiconductors, lumber and cotton scramble to replenish stockpiles to keep up with demand...

$SLV Silver ETF Elliott Wave and Larger Cycles

by elliottwave-forecast.com | March 16, 2021 2:38 pm
$SLV Silver ETF Elliott Wave and Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 at 8.45...

Elliott Wave View: Silver Still Consolidating Gain in 2020

by elliottwave-forecast.com | January 13, 2021 4:07 pm
Short Term Elliott Wave view suggests the rally from September 24, 2020 low in Silver ended wave ((1)) as a leading diagonal. Pullback in wave ((2)) is now in progress as a zigzag Elliott Wave structure. Down...

Elliott Wave View: Silver (XAGUSD) Correction May Extend

by elliottwave-forecast.com | October 29, 2020 3:21 pm
Short term Elliott Wave View in Silver (XAGUSD) suggests that cycle from August 7 peak is unfolding as a triple three Elliott Wave structure. In the 60 minutes chart below, the metal ended wave ((X)) ((X)) at...

Gold-to-Silver Ratio Suggests Further Upside in Precious Metals

by elliottwave-forecast.com | October 27, 2020 1:56 pm
Government and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue...

AUG (Gold/Silver Ratio) Showing A Five Waves From 03.18.2020

by elliottwave-forecast.com | October 1, 2020 4:29 pm
AUG( Gold/Silver Ratio), Showing A Five Waves From 03.18.2020. The Ratio between Gold/Silver ( AUG) is a very good indicator of where the market is heading and especially the $USDX trade. The Ratio reached the extreme blue...

Elliott Wave View: Support Area for Silver

by elliottwave-forecast.com | September 23, 2020 2:54 pm
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....

$FRES : Largest Silver Producer Fresnillo Rallies Impulsively

by elliottwave-forecast.com | August 7, 2020 3:08 pm
Fresnillo plc is the world largest silver producer which has its headquarters in Mexico City. Founded 2008, incorporated in UK and traded under tickers $FRES at LSE and $FNLPF in US in form of ADRs, it is...

Silver ( $XAGUSD ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | August 5, 2020 4:27 pm
Hello fellow traders.  Another instrument that we have been trading lately is SILVER ( $XAGUSD )  . In this technical blog we’re going to take a quick look at the Elliott Wave charts of SILVER, published in...