Commodity Price Analysis Today: Elliott Wave Analysis; Gold price, Copper, Nickel, Iron Ore, Crude Oil, Natural Gas and US Dollar Index DXY Trading Strategies.
Video Chapters
00:00 Dollar Index DXY
05:57 Iron Ore
08:21 Gold
10:59 Silver
12:31 Crude Oil
21:27 Copper
25:43 Nickel
39:32 Natural Gas
Commodity Futures Overview:
US Dollar Index is expected to move high close to the end of the week
Copper is slowing completing its large Elliott Wave Triangle.
We are long in Nickel now and looking to add positions
Gold is creating a more complicated Minor Wave B of (D) of 4)
Iron Ore Elliott wave:
Dollar Index DXY Elliott Wave (iv)
Gold Elliott wave Triangle Pattern Wave C of (E) of 4)
Crude Oil Elliott wave: iii) of 3 of (5) ALT: Wave B of (4)
Copper Elliott wave Triangle b) of D of (4)
Nickel Elliott Wave iii) of 3
Natural Gas Elliott wave: (v) of v) of 3 of C
Video length 00:45:20
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 ...
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 trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.