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

Peter Mathers TradingLounge

Discover the latest trends and strategies for trading in the futures market with a focus on Elliott Wave analysis. Learn about bond yields, USD DXY, and key commodity prices such as gold, silver, copper, iron ore, lithium, uranium, nickel, crude oil, and natural gas. Stay informed and make informed trades with our in-depth market summary and expert trading recommendations.

Commodity market Elliott Wave update:

Bitcoin: Wave 2 low in place, awaiting confirmation. Support at 65k.
US Dollar: Awaiting more price action. Bonds expected to move higher, yields to lower.
Gold, GDX, and Silver: Possible lows in place, requires confirmation. Silver is looking more positive.
Base metals: Copper approaching Wave 4 low.
Natural gas: Wave b) of 4 correction lower.

Video chapters:

00:00 - Bitcoin (BTC) and Ether (ETH/USD).
07:28 - US Dollar Index (DXY) / TLT Bonds / US Gov Bonds 10 Yr Yields.
16:51 - Precious Metals: Spot Gold (XAU) / GDX ETF / US Spot Silver (XAG).
27:10 - Base Metals: Uranium (URA ETF) / Copper.
29:55 - Energy: Crude Oil (WTI OIL) / 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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