– Bitcoin (BTC) and Ethereum (ETH/USD): Advancing into Wave (iii) of v) of 1 of (5) of 3) of I; prepare for long positions during Wave 2 retracement.
– US Dollar Index (DXY): Trending lower, in line with 10-year US Treasury yields; TLT Bonds expected to trend higher.
– Precious Metals (Gold, GDX, Silver): In Wave 4, nearing final stages; planning long trade setups.
– Base Metals (URA, Copper): In Wave 4, showing positive signals alongside China SSE market.
– Crude Oil: Anticipated to trend lower following the USD.
– Natural Gas: Currently in a Wave 4 correction.Video Length: 00:31:15Video Chapters
00:00 Bitcoin (BTC) Ether ETH/USD
09:55 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
14:40 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG
23:55 Base Metals: China Index Uranium URA ETF / Copper
28:07 Energy: Crude Oil WTI OIL / Natural Gas NG
30:43 EndAnalyst Peter Mathers TradingLounge™ More By This Author:Elliott Wave Technical Analysis: Cocoa Commodity – Tuesday, June 4
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