The short‑term Elliott Wave view in Gold (XAUUSD) indicates that the rally from the June 30 low is unfolding as an impulsive structure. From that level, wave (1) advanced and ended at $4203.21, followed by a corrective pullback in wave (2) that concluded at $3959.37. The subsequent rally in wave (3) extended sharply higher and finished at $4449.73, as reflected in the one‑hour chart. Afterward, the market entered a corrective phase in wave (4), which developed as a zigzag formation. Within this decline, wave A ended at $4363.84, wave B retraced to $4402.12, and wave C moved lower to $4310.65, completing wave (4) at a higher degree. From that point, the metal resumed its upward trajectory in wave (5). Rising from the wave (4) low, wave 1 advanced to $4416.46, while the corrective pullback i

The short‑term Elliott Wave view in Silver (XAGUSD) indicates that the metal is unfolding an impulsive structure from the July 17 low. From that level, wave ((i)) advanced to $60.93 before a corrective pullback in wave ((ii)) reached $56.54. Following this retracement, the market resumed higher in wave ((iii)), which developed as another impulse of lesser degree. Within this sequence, wave (i) ended at $62.9, while the subsequent dip in wave (ii) found support at $60.85. The rally in wave (iii) extended to $66.47, and the pullback in wave (iv) settled at $64.2. The final leg, wave (v), concluded at $66.8, thereby completing wave ((iii)) at a higher degree. At present, the market is correcting in wave ((iv)), which is unfolding as a flat Elliott Wave structure. Down from the wave ((iii)) pe

The short‑term Elliott Wave outlook in the S&P 500 ETF (SPY) indicates that the cycle from the June 27 low continues to unfold as an impulse structure. From that low, wave ((i)) concluded at 756.22, followed by a corrective pullback in wave ((ii)) that ended at 725.96. The ETF then advanced in wave ((iii)), which developed as another impulse, as reflected in the 45‑minute chart. Within this sequence, wave (i) terminated at 746.55, while the subsequent dip in wave (ii) found support at 737.68. The rally extended further in wave (iii), reaching 776.85, before a modest retracement in wave (iv) ended at 771.29. The final leg, wave (v), carried prices to 779.37, thereby completing wave ((iii)) of higher degree. At present, the market is engaged in a corrective phase identified as wave ((iv)

The short‑term Elliott Wave view in Apple (AAPL) shows that the decline from the July 30 high has unfolded with impulsive qualities. This structure points toward further downside risk. From the July 30 peak, wave (A) ended at $300 in a clear five‑wave impulse. The rally in wave (B) is considered complete at $316.29, forming a double three corrective structure. Within this advance, wave W finished at $312.75 and wave X at $301.32. Wave Y completed at $316.29, thereby finalizing wave (B) at a higher degree. The stock must still break below wave (A) at $300 to dismiss the a double correction within wave (B). Even so, the impulsive nature of the initial decline combined with the corrective form of wave (B) favors additional weakness while price remains below the July 30 high. Apple has already

The short‑term Elliott Wave outlook in Oil indicates that the cycle from the July 2, 2026 low remains impulsive and favors further upside. The initial five‑wave rally from that low concluded in wave (A) at $93.50. A corrective pullback in wave (B) is proposed complete at $74.21, as reflected in the one‑hour chart. The internal subdivision of wave (B) unfolded as a zigzag structure. Down from wave (A), wave A ended at $77.78, followed by wave B at $86.87. The final leg, wave C, terminated at $74.21, thereby completing wave (B) in higher degree. Oil has since resumed higher in wave (C). However, a decisive break above the prior wave (A) peak at $93.50 is required to eliminate the risk of a double correction. From wave (B), wave ((i)) ended at $76.70, while the pullback in wave ((ii)) conclud

The short‑term Elliott Wave view in Russell 2000 (RTY) shows that the rally from the June 9, 2026 low is unfolding as a five‑wave impulsive structure. From that low, wave ((i)) concluded at 3068.4, followed by a corrective pullback in wave ((ii)) which ended at 2903.26. The one‑hour chart highlights this development clearly. The Index has since advanced in wave ((iii)), which subdivides into another five‑wave sequence of lesser degree. From wave ((ii)), wave (i) finished at 2976.3, while the subsequent pullback in wave (ii) ended at 2905.3. The Index then resumed higher in wave (iii), reaching 3058.3, before a minor correction in wave (iv) concluded at 3002. This sequence suggests that the Index is poised to extend further in wave (v), thereby completing wave ((iii)) at a higher degree. On

Visa (NYSE: V) rallied from the Blue Box area earlier this year. It is now getting closer to breaking above the 2025 peak of $375.50. In today’s article, we examine the current Elliott Wave structure unfolding. This analysis leads to the breakout into new all-time highs. In our previous Visa article, we explained the corrective pullback in wave ((IV)). That decline found buyers at the Blue Box zone. We projected a base around $300 to establish the next rally in wave (V). The current rally from the March low shows an initial impulsive three-wave advance. It still needs to break above the wave (III) peak. This will deny any potential double correction. Following that, Visa should extend the rally within wave I toward the target area at $395 – $426 . Then, a three-wave pullback in wave II wil

Copper (HG_F) Elliott Wave: Targeting a Buy at the Blue Box Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Copper (HG_F) commodity published in members’ area of the website. As our members know, Copper Futures recently completed a pullback that provided a high-probability trading setup. The decline unfolded as a clear Elliott Wave Zig Zag corrective pattern, ending right in the Equal Legs area (Blue Box). In this article, we’ll explain the trading setup and present the target levels. Copper Elliott Wave 1  Hour  Chart 08.07.2026 Copper Futures is forming a 3-wave pullback, correcting the cycle from the 6.282 low.  At this stage, the corrective structure appears incomplete, suggesting more weakness in near temr

Elliott Wave View: GDX Short‑Term Rally Still Developing The short‑term Elliott Wave view in the Gold Miners ETF (GDX) shows that the cycle from the July 17 low remains in progress as a five‑wave impulsive rally. This structure is not yet complete, which implies further upside before a larger corrective phase develops. Wave 1 advanced to $77.99, followed by a pullback in wave 2 that ended at $72.17. From that level, wave 3 began and is unfolding with internal subdivisions that reveal another impulsive sequence of lesser degree. Within this advance, wave ((i)) ended at $76.03, while the corrective pullback in wave ((ii)) concluded at $72.92. The current leg higher is wave ((iii)), which is expected to finish soon. Once complete, a pullback in wave ((iv)) should occur before another advance

The Elliott Wave Theory has existed for nearly a century. Its core principle remains powerful: financial markets move in recognizable patterns driven by collective psychology. However, markets, technology, and the way traders receive information have changed dramatically. At Elliott Wave Forecast, we believe the theory must be applied to today’s markets—not the markets of the 1930s. This is what makes our approach different. We respect the original Elliott Wave principles, but we do not apply them as a rigid academic exercise. Our objective is not simply to label every wave correctly. Our objective is to identify the most probable market path, determine the right side of the market, and locate areas where traders can enter with clearly defined risk. Moving Beyond Traditional Elliott Wave A

Dow Jones and Copper: Why the Overlap Reveals a Nest and Signals a Major Risk-On Acceleration The long-term advances in the Dow Jones and Copper cannot be correctly labeled as regular Elliott Wave impulses. The reason is based on one of the most important rules within Elliott Wave Theory: Wave 4 of a regular impulse cannot overlap the price territory of Wave 1 at the same degree. This overlap is visible in both markets. In the Dow Jones, the advance from the 2009 Wave ((II)) low contains overlapping price action that prevents the entire rally from being counted as a regular five-wave impulse. Copper presents the same structural condition in its advance from the 2011 cycle. Rather than suggesting that these bullish cycles are approaching completion, the overlap points toward a much more pow

Silver (XAG) Elliott Wave Analysis: Final Push Higher Before Reversal Silver (XAG) continues to follow our Elliott Wave outlook after completing the wave ((iv)) pullback at 60.8514. Buyers have driven the metal higher into the final five-wave advance in wave ((v)). The corrective rally is now entering its final stage. Although the short-term trend remains bullish, the Elliott Wave structure points to limited upside. We expect sellers to return once price reaches key Fibonacci resistance. The 60-minute Elliott Wave chart shows Silver advancing in wave ((v)) of red wave C, which forms part of a larger wave (B) Flat correction. Fifth waves often extend toward the 1.236–1.618 Fibonacci external retracement of wave ((iv)). That gives an initial target between 63.42 and 64.24. Silver has already

Copper (HG #F) Continues to Favor More Upside Near Term Copper futures (HG #F) continue to trade within a bullish Elliott Wave structure, with price maintaining an incomplete three-swing sequence from the 6.2820 low. The current rally remains constructive, suggesting buyers are still in control. As long as Copper holds above the 6.2820 invalidation level, the path of least resistance remains to the upside. The broader Elliott Wave structure continues to favor higher prices before a larger corrective pullback develops. The 60-minute Elliott Wave chart shows Copper advancing within black wave ((iii)). A push toward 6.858 should complete the current five-wave impulsive sequence in wave ((iii)). Once this move finishes, we expect a corrective pullback in at least three swings as part of wave (