24Apr

Elliott Wave Analysis Update: Stability and Opportunities in Commodity Markets

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

See previous Video: Commodity Markets Analysis

6 ANALYSTS - 150+ MARKETS COVERED 
SPECIAL DEAL:
Click Here > 1 month Get 3 months 0.76 Cents a Day for 3 Months

Related

Anticipated Forex Market Shifts: British Pound/U.S. Dollar Currency Pair and GBPUSD Elliott Wave Technical Analysis

Anticipated Forex Market Shifts: British Pound/U.S. Dollar Currency Pair and GBPUSD Elliott Wave Technical Analysis

This comprehensive GBPUSD Elliott Wave analysis delves into the bearish trend on daily and 4-hour ch...

Read More >
Advanced Micro Devices Inc. (AMD) Elliott Wave Analysis: Daily & 1-Hour Chart Insights, Fibonacci Levels, and Stock Forecast

Advanced Micro Devices Inc. (AMD) Elliott Wave Analysis: Daily & 1-Hour Chart Insights, Fibonacci Levels, and Stock Forecast

AMD's Elliott Wave patterns, covering daily and 1-hour chart movements. Key insights include the...

Read More >
Unlocking ASX Trading Success: ASX LIMITED – ASX Stock Analysis & Elliott Wave Technical Forecast

Unlocking ASX Trading Success: ASX LIMITED – ASX Stock Analysis & Elliott Wave Technical Forecast

Our latest Elliott Wave analysis on ASX Limited provides valuable insights into stock market trends ...

Read More >
Visa Inc. (V) Stocks Elliott Wave Technical Analysis: Price Prediction, Key Levels, and Trading Opportunities

Visa Inc. (V) Stocks Elliott Wave Technical Analysis: Price Prediction, Key Levels, and Trading Opportunities

This analysis covers Visa Inc. (V) using Elliott Wave theory, offering insights into its current wav...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on