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USO monthly chart shows one of the most important Elliott Wave setups of the decade. Wave Count (Monthly): War Scenario — Strait of Hormuz: Oil tanker attacks already happening. Iran controls the chokepoint for 20% of global oil supply. If Hormuz closes even partially —…

WTI Crude Oil is completing a corrective structure before the next impulse higher. Current price: $74.87 (March 4, 2026) Wave Structure (Daily): Price Targets: Macro backdrop: Iran-Strait of Hormuz tensions remain elevated. Gulf monarchies under pressure. Supply routes increasingly at risk — historically bullish for…

Silver mirrors gold's structure — Wave 2 complete, Wave 3 loading. Current price: $83.26 (March 4, 2026) Key observation: For the first time since December 2023, gold-silver correlation divergence has reached extreme levels. Last seen before February 5 — historically this precedes a sharp convergence…

Gold is completing Wave 2 correction and preparing for a powerful Wave 3 impulse move higher. Current price: $5,112 (March 4, 2026) Wave Structure (Daily): Price Targets: Macro backdrop: New Fed leadership cycle adds uncertainty. Historically, gold performs strongly during Fed transition periods. Silver is…