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TradingLounge's Commodity Market Update:

Favorable trading opportunities persist in gold and silver; we maintain and expand our positions in these markets.

Uranium shows upward movement in Wave 3, indicating a substantial bullish trend for long-term investment.

Natural gas continues its downward trend, while crude oil prices face restraints due to Saudi Arabia's strategy for higher prices.

Our long trade in crude oil is now in a promising position with reduced risks.

The USD DXY approaches its 61.8% retracement level, expected to find support. Yields could have reached a peak as TLT bonds show an inverse low.

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge.com

Video Length: 00:39:54

Video Chapters
00:00 Bitcoin (BTC) 
08:40 US Dollar Index, DXY
11:15 TLT Bonds. US Gov Bonds 10 Yr Yields
15:50 Precious Metals: Spot Gold  / US Spot Silver / XGD and Gold Stocks US / ASX
25:19 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA.
31:08 Energy: XLE ETF / Crude Oil / Natural Gas 
40:15 End

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