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Commodity Markets: GOLD SILVER DXY IRON ORE CRUDE OIL COPPER NATURAL GAS Elliott Wave


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Commodity Futures Market Summary: Elliott Wave Trading Strategies; US Gov Bonds 10 Yr Yields, US Dollar Index DXY, US Spot Gold, GDX, Silver, Copper, XLE Energy ETF, Crude Oil and Natural Gas
Market Summary: Stronger US dollar weaker commodities, expect the trend for the DXY to trend higher placing more pressure on Gold and Silver. Energy is holding up well and natural Gas can move higher while Crude sticks to 90.
Expecting the US Gov Bonds 10 Yr. Yields to eventually develop support on 3% and then move higher. I also have a look at the negative count for Energy and precious metals and at what point we need to be careful of a turn lower.

Video Chapters
00:00 US Gov Bonds 10 Yr Yields
00:49 US Dollar Index DXY
05:01 GDX ETF /  US Spot Gold
13:08 US Spot Silver
14:49 US Copper
17:30 XLE Energy ETF
21:55 Crude Oil 
23:06 Natural Gas
30:31 Thanks for supporting!

Analyst Peter Mathers TradingLounge™

 

 

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