Image Source: PexelsCommodities 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 means the DXY USD also has a top in place, a little early to confirm, but should know before the end of the week…Video Length: 00:42:52Video Chapters
00:00 TLT Bonds. US Gov Bonds 10 Yr Yields
08:11 US Dollar Index, DXY
11:30 Precious Metals: Spot Gold / US Spot Silver / XGD and Gold Stocks US / ASX
17:52 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA.
23:39 Energy: XLE ETF / Crude Oil / Natural Gas
39:08 Bitcoin (BTC) ETHUSD.
42:52 EndAnalyst Peter Mathers TradingLounge™ Australian Financial Services Licence – AFSL 317817
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