Gold price started a fresh increase above the $2,432 resistance level. Crude oil prices are gaining bullish momentum and might even test $80.00. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a steady increase from the $2,400 zone against the US Dollar. A connecting bearish trend line is forming with resistance […]
Oct 16, 2024
Nasdaq Futures (NQ) Favoring Upside Due to 5 Swing Elliott Wave Sequence
Short Term Elliott Wave View in Nasdaq (NQ) suggests that the Index formed a 5 swing sequence since 8.5.2024 low. Since 5 swing Elliott Wave sequence is a motive sequence, it favors further upside. Up from 8.5.2024 low, wave 1 ended at 20025.25 and pullback in wave 2 ended at 18339.75. Wave 3 higher ended […]
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