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Commodity markets: Gold, Lithium, Copper and Nickel [Video]

Commodities Market Trading Report - Technical Analysis Elliott Wave, Trading Levels and Trading Strategies.
Content: Bitcoin, US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, Natural Gas.
Commodities Market Summary: No Change: Gold and silver are setting up nicely for long trades, this also relates to gold stocks that have the same patterns. Base metals are also doing well with Iron Ore and Uranium leading and copper starting a move. So stocks such as BHP, RIO, ASX: FMG... are doing well.
The other important point is that TLT Bonds may have a low in place, meaning US Yields can have a top in place, down this mean the DXY USD also has a top in place, a little early to confirm, but should know before the end of the week.

Video chapters:

00:00 TLT Bonds. US Gov Bonds 10 Yr Yields
05:51 US Dollar Index, DXY
09:40 Precious Metals: Spot Gold  / US Spot Silver / XGD and Gold Stocks US / ASX
13:50 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA.
21:23 Energy: XLE ETF / Crude Oil / Natural Gas 
00:00 Bitcoin (BTC) ETHUSD.

Author

Peter Mathers

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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