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Cryptocurrency News Video
Commodities: Bitcoin, Gold, Silver, USD, Uranium, Oil, Gas, etc. Elliott Wave Trading Strategies
Jul 16, 2024 at 02:24 pm TradingLounge
Commodity Market Elliott Wave Analysis for Bitcoin (BTC) ETH/USD, GBTC, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Natural Gas
Commodity Market Elliott Wave Update:
Bitcoin Wave 2 low in place. requires confirmation...Support on 65k
The US Dollar waiting for more price action, Bonds to move higher and yields to move lower
Gold, GDX and silver Can have lows in place, requires confirmation. Silver looking more positive.
Base Metals, Copper Wave 4 low approaching
Natural Gas Wave b) of 4 correction lower
Video Chapters
00:00 Bitcoin (BTC) Ether ETH/USD
07:28 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
16:51 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG
27:10 Base Metals:Uranium URA ETF / Copper
29:55 Energy:Crude Oil WTI OIL / Natural Gas NG
32:27 End
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge.com Join & Learn 6 Elliott Wave from Experts
Stay ahead of market movements and make informed decisions with our comprehensive analysis.
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#commodities #bitcoin #gold
Risk Disclaimer - This is not financial advice.
The material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations, or an offer of, or solicitation for, a transaction in any financial instrument. The information does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. TradingLounge accepts no responsibility for any use that may be made of these comments and for any consequences that result.
TradingLounge™ uses a range of technical analysis tools, such as Volume Analysis, TradingLevels, Elliott Wave, software, and fundamental analysis as well as economic forecasts aimed at minimising the potential for loss.
The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership and social media platforms has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk.
The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading losses or profits
This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us,
consider the appropriateness of the advice considering your own objectives, financial situation or needs.
Therefore, you should consult your financial advisor or accountant to determine whether trading all and any financial products such as Indices, stocks & shares, Forex, CFDs, Options, Spread Betting etc.
derivatives of any kind / products are appropriate for you considering your financial trading circumstances.
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Note: Historical trading results are no guarantee of future returns.
Some investments are inherently riskier than others. At worst, you could lose your entire investment and more, so seek financial advice from your financial adviser.
Derivatives such as Futures, Options, Contracts for Difference (CFDs) & Spread Betting etc.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
#commodity_markets #commodities #futures #trading #bitcoin #gold #XAU #XAG #silver #forex #nickel #ironore #lithium #commodity #Elliottwave #technicalanalysis #futurestrading #commodityanalysis #us #dollar #usd #dxy #gdx_etf #silver #Oil #Crudeoil #crude #WTIOIL #Copper #XCU/USD #XCU #Naturalgas #NG #USBonds #usd #USGovernmentBonds #bonds #news #analysis #elliottwave
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