TheWaveCave

TheWaveCave Updated 

I will more than happy for TVC:GOLD to blow past this typical running flat correction zone between 3600-3643 and head higher. However if it stalls at this zone and reverses then this is one possibility of how the wave (4) correction could to play out, one that ill be watching closely.

TheWaveCave

This is my Daily chart outlook for TSXV:GSVR I have added in tranches during the decline looking for the up move which I believe is unfolding now. The chart could unfold in ABC or 12345. Price currently looks like it is ready to breakout of the wave 2 consolidation.

TheWaveCave

Here is my weekly outlook on the TVC:GOLD TVC:SILVER ratio. I'm expecting the ratio chart to continue to drop which will mean silver will continue to outperform Gold. I have highlighted a structural level at 15 which is a potential target.

TheWaveCave

This is my outlook on LSE:YCA I'm expecting a continuation higher once this consolidation breaks. Already have a decent position in YCA, but may add some more around these levels. More comments on the chart.

TheWaveCave

Expecting a continuation higher on COMEX:UX2! uranium futures, looking for a wave 5 in red to unfold.

TheWaveCave

26/04/25 SGY Update I’ve been long Surge Energy since Jan 24. Price did move higher initially following my entry but has since ground lower in what looks like an ending diagonal pattern in red C of a larger ABC zig zag correction. There is RSI divergence on the weekly time frame which helps the case that SGY could be bottoming, but that will of course be effected...

TheWaveCave Updated 

This is my current view on XAGUSD. I have a trade running which has a lose target starting around $36, but will be subject to change as the price action develops. I'm in silver for the chance that we see much higher prices than that!!. Trading spot is a small part of my exposure to the silver sector.

TheWaveCave

Is CDE starting an impulsive wave 3 higher after a wave 2 consolidation. I am long, was a Silvercrest holder before they were acquired, but have since added to this position at the level shown.

TheWaveCave

Looking for TSX:U.UN to have progressed higher in 3 waves, with current price action potentially being in the later stages, if not already completed, of a WXY pull back. Watching for a reversal and breakout to form, after which another 3 wave move higher could unfold. Simlar view on LSE:YCA may get an update out on that soon.

TheWaveCave

This is my current Elliott Wave count for the DXY Dollar index. I have a couple of variations which I will share but this one sees a decline starting with a leading diagonal in red wave 1 which is close to completion. May see a pull back in red 2 before a strong move lower in 3. The alternative is a nesting 1,2,1,2. If that's the case then a strong decline could...

TheWaveCave

Just been recapping on the SPXUSD and NAS100USD charts, both look like they could head lower in the short term at least. Not sure crypto has proven it can trade independently from that just yet, at least based on the short term. Plus if things get disorderly then everything could get wacked. I'll be monitoring my positions over the weekend (BTCUSD, HBAR, XRPUSD),...

TheWaveCave Updated 

This outlook has XRPUSD having completed 5 waves up, and price is starting a decline with a WXY lower.