Commodities and Futures Trading Market Report - Technical Analysis Elliott Wave and Trading Strategies
Content: US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Crude Oil, Natural Gas.
Commodities Market Summary: US Dollar Index, (DXY) has higher to travel, placing further pressure on base metals and precious metals, so expect gold and silver to move lower.
Trading Strategies: long Natural Gas with the view of taking part profit at the top of Wave (i)
Video Chapters
00:00 US Gov Bonds 10/5 Yr Yields / BUND
06:33 Forex: US Dollar Index, DXY, US Dollar Index Fund
10:55 Precious Metals: Spot Gold / GDX ETF / US Spot Silver / XGD
18:04 Base Metals: Iron Ore, Copper, Nickel
22:35 Energy: Crude Oil / Natural Gas
43:01 End
Navigate through the realms of US Bond Yields, USD fluctuations, and DXY trends, while deciphering the intricate movements of US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Crude Oil, and Natural Gas. The Commodities Market Summary unveils a compelling narrative, wherein the ascending trajectory of the US Dollar Index (DXY) exerts additional pressure on both base and precious metals, setting the stage for anticipated downward shifts in gold and silver valuations.
Within the realm of Trading Strategies, a strategic long position on Natural Gas beckons, orchestrated to maximize gains with prudent profit-taking measures strategically timed in alignment with the ascending momentum of Wave (i). Seize this opportunity to align your trading endeavors with the rhythm of Elliott Waves, as this report equips you with nuanced insights for astute decision-making.
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
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