Commodities Futures Markets Today

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Nickel touches on its target, we will look to add positions after a Classic TradingLevels pattern at the Medium Level.

Gold: Looking for a Classic TradingLevels pattern at 1900 for the Long Trade Set-up.

A small long position for Natural Gas, with the view to adding along the way if the pattern stays on track 

Elliott Wave Counts:

  • Gold  Elliott wave Triangle Pattern Wave 4) will change if the Wave (B) high is breached around the 1920 zone.
  • Dollar Index DXY Elliott Wave (b) rally.
  • Iron Ore Elliott wave: b) of 2.
  • Crude Oil Elliott wave (iii) of v) of 5.
  • Copper Elliott wave Triangle b) of E of (4).
  • Nickel Elliott Wave iii) of 3.
  • Uranium ETF Elliott wave Expect new low after current rally.
  • Natural Gas Elliott Wave Triangle (c) of  of (4).

Video Length: 00:36:19

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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