Elliott Wave analysis and trading strategies [Video]
|TradingLounge's Commodity Markets Daily 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 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.
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.