Commodity Market Elliott Wave Analysis: Bitcoin, Ethereum, Bonds, Yields, and Commodities Update
Bitcoin (BTC) and Ethereum (ETH/USD) are expected to climb higher. TLT Bonds and US 10 Yr. Yields indicate a potential decline for the USD/DXY, pending confirmation of the Dollar's wave count.
Precious metals like gold and silver are set to edge higher, with copper leading the base metals rally, followed by uranium, nickel, and others. Energy commodities and natural gas are also poised for an upward move, though crude oil continues to struggle to gain momentum.
Video Chapters
00:00 Bitcoin (BTC) Ether ETH/USD Ether
11:24 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
16:36 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG
25:21 Base Metals:China SSE comp. Lithium, PLL, Uranium URA ETF / Copper / Nickel
34:19 Energy:XOM / Crude Oil WTI OIL / Natural Gas NG
41:01 End
Analyst Peter Mathers TradingLounge
See previous Video: Commodity Markets Analysis
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