#Uranium = Weekly Analysis = 23.07.2022 #URA #commodities $URA #energy $UUUU @markets @CNBC @marketwatch @seekingalpha @ft

Uranium is about to re-enter the target area called 3 months ago and uranium investors were alerted yesterday about a concerning weekly closure:

Would uranium go much lower this time? Let’s assess the probabilities of the move using several methods. So far, the targets remain unchanged since the May’s monthly report!

The analysis covers:
– Elliott Wave projections;
– evaluation of candles and TA on multiple frames.

This post is part of the @InvestingAngles Weekly Series that covers the US and global major indices, volatility and bonds, commodities and miners, crypto, and some large cap stocks.

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