WaveTrack International

Elliott Wave Financial Price Forecasting

EW-Commodities Outlook – Supplemental – March/April 2024

by WaveTrack International| April 18, 2024 | No Comments

EW-Commodities Outlook – Supplement Highlights

  • Higher Rates for Longer
  • Credit/Recession Risks
  • Commercial Real Estate on Verge of Collapse
  • U.S. Debt Spiralling out of Control
  • De-Dollarisation Shift causes Downturn in US$ Dollar
  • Base Metals/Copper in Final Rally before Sustained Declines
  • 2021’s Downward Corrections Incomplete – Risk of -30% decline
  • Precious Metals in Bull Market
  • Gold to 2379.00+/- this Year
  • Silver to 37.75+/-
  • Platinum & Palladium to Outperform Gold and Silver
  • Gold Miners Bottomed in February Triggering Buy Signal
  • TTF Gas has More Downside
  • Natural Gas Approaching Major Lows
  • Crude/Brent Oil Approaching Completion of Important Corrective Rally
  • Heading Lower during next Several Months

    • EW-Commodities Outlook Supplement

    This latest update of the monthly March/April 2024 report is ‘Supplemental’ with key revisions for Copper, Iron Ore and a look at the larger picture of the Rare Earth ETF from VanEck Vectors. Also, updates for the GDX Gold Miners, the Gold/Silver ratio together with modifications for Energy contracts XLE and XOP. For other contracts, please refer to the March/April report published 15th March 2024.

    Iron Ore

    Fig #2 – Iron Ore – Weekly Chart – WaveTrack International –

    Subscribe to the latest EW-Commodities Outlook report and get trading insights and much more… Note the EW-Commodities Outlook includes a report and video update!

    Category: Agnico Eagle Mines, AngloGold Ashanti, Base Metals, Commodities, Copper, CRB, Crude oil, Elliott Wave, Fibonacci Trading, Gold, Gold Mining, Mining, Palladium, Platinum, Precious Metals, Silver, Zinc

    Comments

    About WTI

    WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

    Subscribe to our feed

    WTI Links

    Search