Commodities 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 Technical Analysis: Bitcoin is currently poised to ascend within Wave B, targeting the 62% Fibonacci retracement level. Despite the lack of significant depreciation in the USD and the upward momentum in Crude, it is anticipated that the USD/DXY may follow suit and climb higher. Notably, the USDCHF exhibits a compelling pattern indicating a potential downward move, hinting at a potential decline in the DXY. However, it's important to note that this alone does not constitute conclusive evidence. In the precious metals sector, both gold and silver display modest impulse waves from their recent lows, suggesting the prospect of further upward movement in the near term.

Video Chapters
00:00 Bitcoin (BTC)
04:56 US Dollar Index, DXY 
08:51 TLT Bonds. US Gov Bonds 10 Yr Yields
10:43 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG 
15:16 Base Metals: Iron Ore, Copper XCU/USD. Uranium URA ETF
19:20 Energy: Crude Oil WTIOIL / Natural Gas NG
23:21 End

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
See previous stocks Video post here 
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