Commodity markets: Gold, Silver, forex, Uranium, Lithium, Nickel, Crude Oil, Copper, Natural Gas [Video]

Peter Mathers TradingLounge

Commodity Futures Market Summary: Elliott Wave Trading Strategies; US Gov Bonds 10 Yr Yields, US Dollar Index DXY, US Spot Gold, Silver, Copper, Lithium, Uranium, Nickel, Crude Oil and Natural Gas.

Commodities Market Summary: Bond yields are moving into Wave (4) and will continue to do so, withthe USD DXY in a corrective rally off the 105, this rally has pushed indices and commodities lower.

Elliott Wave Trading Strategies: Short term trading opportunities are long Gold and Silver.

Video chapters
00:00 US Gov Bonds 10 Yr Yields.
04:46 US Dollar Index DXY .
12:07 US Spot Gold.
19:26 US Spot Silver.
21:25 US Copper / Lithium / Uranium / Nickel.
41:49 Crude Oil.
43:50 Natural Gas.
48:09 TRIAL Buy 1 Month Get 3 Months.

Author

Peter Mathers

TradingLounge

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

EUR/USD looks weak below 1.1800

EUR/USD has slipped back under pressure, breaking through the 1.1800 support and drifting towards the weekly lows near 1.1770 ahead of the opening bell in Asia. The move reflects renewed strength in the US Dollar, with steady geopolitical tensions keeping its demand firm. Moving forward, the release of the German labour market report and flash inflation figures should keep European investors entertained on Friday.

GBP/USD threatens the 200-day SMA near 1.3440

GBP/USD rapidly leaves behind Wednesday’s strong advance, coming under heavy pressure and retesting the 1.3440 zone, where the critical 200-day SMA is located. Cable’s deep pullback follows the strong gains in the Greenback, while investors continue to pencil in a potential BoE rate cut in March.

Gold remains below $5,200 despite tariff jitters and geopolitical risks

Gold is seen consolidating in a range below the $5,200 mark during the Asian session on Friday amid mixed cues. Trade jitters, along with the risk of a potential US-Iran war, act as a tailwind for the safe-haven bullion. Meanwhile, the Fed's hawkish outlook keeps the US Dollar close to the monthly high and caps the non-yielding yellow metal. Nevertheless, the commodity remains on track to register gains for the fourth straight week, though the fundamental backdrop warrants some caution for bullish traders.