Commodities & Futures Market Analysis: Insights & Strategies

gold and black metal tool

Photo by Jingming Pan on Unsplash

Commodities Futures 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, Crude Oil, Natural Gas.
Commodities Market Summary: Gold and Silver are completing five waves down as Wave i), we can look to short wave ii) corrective rally early next week. The USD DXY next level higher is 105 placing pressure on Gold and Silver. Iron Ore is still trending higher, however its in its later stage of the current trend up. Natural Gas is still in bearish pattern, while the XLE ETF and Crude Oil continue to push higher as Saudi Arabia and Russia extended their supply cuts to year-end

Video Chapters
00:00  TLT Bonds. US Gov Bonds 10/5 Yr Yields / BUND
04:32 Forex: US Dollar Index, DXY, US Dollar Index Fund
09:06 Precious Metals: Spot Gold  / US Spot Silver / XGD
16:23 Base Metals: XME ETF, Iron Ore, Copper.
22:10 Energy: XLE ETF / Crude Oil / Natural Gas 
39:41 End

Video Length: 00:25:09

 


More By This Author:

US Stock Market Report - Elliott Wave Analysis
Elliott Wave Technical Analysis: Monster Beverage Corp. - Thursday, Sept. 7
Elliott Wave Technical Analysis: Polkadot, Thursday, Sept. 7

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with