looks like a time to watch for a buy setup to me!
I think silver has to come up again after retracing upto 61.8 fib. Political issues look bad but good for precious metal, everything's looks good. But somethings holding them.. Lets see if it can go up for 141.1% of previous uptrend. Target = 17.4xxx Stop loss = 16.29 Small traders Stop Loss = 16.43
cl1! /usoil / Clm2017 / WTIUSD Big Elliott wave motive wave => Elliott wave 3 small wave zig zag ABC Reverse Head and Shoulders => Right Shoulder CL1! USOIL WTIUSD CLM2017
DXY / USDOLLAR /DXM2017 Motive wave Elliott wave 4 & Elliott wave 5 DXY FX:USDOLLAR ICEUSA:DXM2017
WTIUSD/USOIL/CL1!/ SmallElliott wave 5 and Head and Shoulders HAMONIC Cypher PATTERN Bearish Motive wave Small Elliott wave 5 Corrective wave ZigZag pattern (ABC) or Elliott wave 5 Head and Shoulders pattern (Right Shouler) neck line 51.50 CL1! CL2! USOIL CLK2017 WTIUSD
WTI/CL1! Motive wave Elliott wave 5 Basic Fractal pattern Impulse wave 53.05 => Leading Diagonal pattern Channel Breakout 49.90 Corrective wave ZigZag pattern (ABC) & Double Top Head and Shoulders pattern (Right Shouler) neck line 49.90 zig zag pattern Fib= 50% C wave 49.40 TVC:USOIL CL1! CL2! FOREXCOM:WTIUSD
Buy gold on dips.. for target of 1275-1280. Small Motive wave coming. Target till 13th March.
NG is on a bear run and is constantly coming up for retrace of 61.8%. But the question is will it go down again for bear run or will go up for its bull motive wave.