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Commodity Markets:GOLD SILVER FOREX URANIUM LITHIUM NICKEL CRUDE OIL COPPER NATURAL GAS Elliott Wave

tradinglounge

By tradinglounge,
in Commodities

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tradinglounge Respected Contributor

tradinglounge

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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:We may see the USD DXY drop from current levels 113 this can support commodities, Indices and currencies etc for a rally
The Gold and silver markets are in a downtrend, with crude in an up trend pulling back at the moment with an abc correction that is nearly completed. All eye's on the dollar as being central for commodity moves. 

Video Chapters
00:00  US Gov Bonds 10 Yr Yields
02:04 US Dollar Index DXY 
04:21 GDX Etf. US Spot Gold
08:04 US Spot Silver
09:27 US Copper / Lithium / Uranium / Nickel
17:02 XLE ETF /  Crude Oil
22:50 Natural Gas
28:08 Thanks for supporting!

Analyst Peter Mathers TradingLounge™ 

 

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    • tradinglounge
      Market Trends and Predictions: Elliott Wave Analysis of Key Commodities

      By tradinglounge · Posted

      Commodity Market Elliott Wave Analysis for Bitcoin, Ethereum, Crypto Index, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Natural Gas, XLE ETF, XME ETF. Elliott Wave Analysis Update for Commodity Markets: Current Analysis Remains Unchanged In the latest Elliott Wave analysis of the commodity markets, there is no alteration in the wave counts. Bitcoin is reinforcing its position with Wave (4) appearing to be established, contrasting with Ethereum which shows less clarity. The U.S. Dollar and 10-year yields are expected to continue their upward trajectory.  Gold, silver, and uranium are nearing the completion of their Wave 4, suggesting that opportunities for long trades may arise soon. Natural gas is currently in the e) wave of a Wave 4 triangle formation. Crude oil, maintaining a price above $80.00, remains in a bullish stance, as do ExxonMobil (XOM), alongside sector indices XLE (energy) and XME (metals and mining). Video Chapters 00:00 Bitcoin (BTC) ETH/USD / Crypto Index 09:49 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields 17:48 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG  28:49 Base Metals:Lithium, Uranium URA ETF / Copper / ETF XME 35:36 Energy: Crude Oil WTI OIL / Natural Gas NG / ETF XLE 41:08 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge.com 6 Analysts covering 150+ markets  
    • TraderJeff
      Why do Traders say that DAX 40 (Germany) is the hardest market to trade, when it is the easiest?

      By TraderJeff · Posted

      Hello Goldenbrown, Thank you for your interesting comments. I will answer them tomorrow, when I have some spare time. Best regards.
    • Dbass
      Minimum lot size on MT4 0.50? It won't accept lower.

      By Dbass · Posted

      EDIT* Sorry forex pairs no lower than 0.10 but xauusd 0.50? It won't let me adjust to lower lots

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