Elliott Wave analysis: Bond yields, USD, DXY, Gold, Silver, Iron Ore, Copper, Oil and Natural Gas [Video]
|Commodities and Futures Trading Market Report - Technical Analysis 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: Yields and USD DXY can be retracing back as a Wave 2 correction, while this is going on gold and silver can be rallying for a wave two corrective rally. So, expect gold higher, however don’t hold too long.
Natural Gas can be setting up for a short trade - the setup will take another trading session.
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.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.