Commodities Market Trading Report - Monday, October 2
Image Source: Unsplash
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: While the USD continues higher, gold and silver will continue to be lower. Copper will continue lower, while Uranium is in a bullish Wave (iv) corrective pattern. Crude Oil is creating five waves down from the high and Natural Gas still hasn’t given a buy signal.
Video Chapters
00:00 TLT Bonds. US Gov Bonds 10/5 Yr Yields
07:19 US Dollar Index, DXY
12:02 Precious Metals: Spot Gold / US Spot Silver / XGD
27:37 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA.
33:35 Energy: XLE ETF / Crude Oil / Natural Gas
41:40 End
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Video Length: 00:42:00
More By This Author:
Day Chart Elliott Wave Technical Analysis EURGBP - Monday, October 2
Elliott Wave Technical Analysis 4 Hour Chart: Euro/British Pound
Elliott Wave Technical Analysis: VeChain/U.S. Dollar - Monday, Oct. 2
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817