Commodities: Bond Yields, DXY, US Gold, Silver, Copper, Uranium, Oil, Gas - Elliott Wave
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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 is ready to move higher, this can place pressure on commodities. Gold and silver appear to be good longer-term positions, that said it can take a week for a short-term top and turn lower for the next long trade set up. Uranium stocks are consolidating at their lows and should lift in the next week. Natural gas is looking to complete its Wave (iv) ready for the next leg higher. And the Yields are moving higher into Wave (v) of iii) of 3 of (5) at the 5% level.
Video Length: 00:42:28
Video Chapters
00:00 TLT Bonds. US Gov Bonds 10/5 Yr Yields
03:39 US Dollar Index, DXY
07:00 Precious Metals: Spot Gold / US Spot Silver / XGD
14:56 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA.
31:11 Energy: XLE ETF / Crude Oil / Natural Gas
42:28 End
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