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

Peter Mathers TradingLounge

Commodity Market Elliott Wave Analysis for Bitcoin, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Iron Ore, Copper, Uranium, Crude Oil, Natural Gas.

Commodity Market Elliott Wave Analysis Update: US Dollar and 10 Yr. yields to edge higher as bonds move lower to completed Wave C of (B). Gold and Silver corrective pattern moving down from current highs as Wave c) to complete this corrective pattern, then we can look for a Classic TradingLevels pattern for the long trade setup.

Bitcoin and Doge trades, move stops to break even. As these crypto are approachingold highs, so expect these markets to stall, but edge higher.

Base metals are mixed with Iron Ore expected lower while Copper and Uranium are in corrective patterns, that said we are looking at a long trade in copper futures.

Video chapters:

00:00 Bitcoin (BTC) / DOGE Coin.
05:29 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
08:28 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG
12:54 Base Metals: Iron Ore, Copper XCU/USD. Uranium URA ETF
18:02 China Index
20:14 Energy: Crude Oil WTIOIL / Natural Gas NG

Author

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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