Elliott Wave Blog -

Likely in a reversal phase following stalls in US-Iran peace negotiations.

: The bullish structure remains valid as long as it holds above the support zone. Nasdaq 100 (NDX) : Current momentum is consistent with a final 5th wave. Projections suggest a potential peak near by late April. Commodities & Forex Highlights ELLIOTT WAVE BLOG

Traders should look for confirmation through volume before committing to a new directional trend. : Presumed to be starting wave v of 1 on the H4 chart. Likely in a reversal phase following stalls in

Volatility in energy and metals is creating distinct Elliott Wave setups. : Currently unfolding an ABC zigzag rally . The short-term target is the extension area around $110.54 . Gold : Projections suggest a potential peak near by late April

Upside targets are set at , with 1.3620 serving as the critical invalidation level.

Analysts from FXStreet indicate the current rally from late March is likely the fifth wave of a five-wave impulse. : Initial resistance is near , with a secondary equality measure at