AZ-Technical

AZ-Technical

📉 Silver Futures Update – June 5, 2025 Silver may be nearing a short- to medium-term peak, with several indicators aligning toward a corrective phase: RSI shows bearish divergence on lower timeframes Momentum is stalling despite higher prices Candlesticks signal indecision/topping Volume surged on breakout but is now fading Cycles & Seasonality point to...

AZ-Technical

Wheat Futures – Quick Update | May 28, 2025 --- 📈 Overview Swing low formed at $5.06 on May 13 (capitulation volume spike) Pullback to $5.26–5.28 now likely completed Wave 2 of a new impulse Indecision candles (daily spinning top, 4 h dragonfly doji) signal exhaustion of selling --- 🔑 Key Technical Levels Support: Short term: $5.26–5.28 ...

AZ-Technical

Natural Gas (NG) Technical Outlook – May 7, 2025 Is Wave (3) unfolding right now? The setup says YES. After bouncing from the $2.85 low, Natural Gas has surged and is now forming a classic impulsive wave structure. All major indicators are flashing green: ✅ Momentum & RSI: Bullish crossover confirmed, with RSI holding near 60 ✅ Volume: Buyers stepped in hard...

AZ-Technical

Wheat Futures Update – Focus: Spring Setup + Multi-Timeframe Convergence 📈 RSI RSI on both 1H and 4H charts bounced from oversold in March and continues to rise. This shows improving momentum with no signs of overbought stress yet. Bullish divergence at the lows confirms the current rebound. ⚡️ Momentum MACD and short-term oscillators have flipped up after...

AZ-Technical

Natural Gas is showing early signs of completing a multi-year bottom and entering a potential new bullish impulse cycle. 🔹 Key Technical Highlights: ✅ A-B-C correction ended at $1.50 (Feb 2024); impulse to $4.90 may be Wave 1. 🔁 Current pullback looks like Wave 2, potentially bottoming near $2.85–3.00. 🔼 Golden Cross (50 > 200 DMA) occurred in Oct 2024 — rare...

AZ-Technical

Gold surged to nearly $3,500, but multiple indicators now point to a potential top. A short-term correction or consolidation phase appears likely before any new highs. Bearish Signals Across the Board: RSI Divergence: RSI failed to confirm recent highs, showing bearish divergence. Momentum Fading: MACD & momentum oscillators rolled over → rally...

AZ-Technical

As of April 14, 2025, gold has surged to record highs near $3,265, but the technical picture suggests trend exhaustion. Price action resembles a potential expanding triangle top, with bearish divergence on RSI and momentum, declining volume on rallies, and seasonal cycles hinting at weakness into May–June. This may not be a fresh impulse but rather a volatile...