Commodities Market Trading Report: Leveraging Elliott Wave And Trading Strategies
Image Source: Pexels
TradingLounge's Commodity Market Report: Discover insights on Bitcoin, US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Iron Ore, Copper, Uranium, Crude Oil, and Natural Gas. Summary: TLT Bonds surge, Yields face pressure, Dollar ascends in Wave v). Precious metals anticipate a dip in Wave 2. Crude oil and natural gas present promising short-trade opportunities with anticipated declines. Base metals like Iron Ore and copper show signs of a potential downturn. In essence, a forecast of dollar strength and a general weakness in commodities.
Video Chapters
00:00 Bitcoin (BTC) / Ethereum ETHUSD
04:43 TLT Bonds. US Gov Bonds 10 Yr Yields
10:27 US Dollar Index, DXY
11:00 Precious Metals: Spot Gold / US Spot Silver / XGD and Gold Stocks US / ASX
18:37 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA.
26:40 Energy: XLE ETF / Crude Oil / Natural Gas
39:58 End
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge
Video Length: 00:39:58
More By This Author:
Elliott Wave Technical Analysis: Costco Wholesale Corp. - Tuesday, November 7
U.S. Dollar /Canadian Dollar, Day Chart, Elliott Wave Technical Analysis, Tuesday, Nov. 7
U.S. Dollar /Canadian Dollar, 4 Hour Chart, Elliott Wave Technical Analysis, Tuesday, Nov. 7
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817