TradingLounge's Commodities Market Trading Report - Technical Analysis is Elliott Wave and Trading Strategies
Content: US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, Natural Gas.
Commodities Market Summary: USD DXY Wave iv) with Gold and silver the inverse of the dollar - there is now a variation of this count that I explain in the video, with a slight possibility that gold and silver could have a low in place but requires confirmation that will take two or three trading sessions. Natural Gas is still the best trade. The other interesting point is the strength in the XME, I will continue to monitor this for any long trades.

Video Chapters
00:00  TLT Bonds. US Gov Bonds 10/5 Yr Yields
03:31 US Dollar Index, DXY
08:39 Precious Metals: Spot Gold  / US Spot Silver / XGD
14:01 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA.
23:55 Energy: XLE ETF / Crude Oil / Natural Gas 
36:12 End

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge.comhttps://www.youtube.com/watch?v=YORfX3pm9fM

Video Length: 00:36:12

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