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Commodity Market Elliott Wave Analysis Update:
- Bitcoin (BTC) and Ethereum (ETH/USD): Advancing into Wave (iii) of v) of 1 of (5) of 3) of I; prepare for long positions during Wave 2 retracement.
- US Dollar Index (DXY): Trending lower, in line with 10-year US Treasury yields; TLT Bonds expected to trend higher.
- Precious Metals (Gold, GDX, Silver): In Wave 4, nearing final stages; planning long trade setups.
- Base Metals (URA, Copper): In Wave 4, showing positive signals alongside China SSE market.
- Crude Oil: Anticipated to trend lower following the USD.
- Natural Gas: Currently in a Wave 4 correction.

Video Length: 00:31:15

Video Chapters
00:00 Bitcoin (BTC)  Ether ETH/USD 
09:55 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
14:40 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG 
23:55 Base Metals: China Index Uranium URA ETF / Copper 
28:07 Energy: Crude Oil WTI OIL / Natural Gas NG 
30:43 End

Analyst Peter Mathers TradingLounge™ 

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