Elliott Wave Analysis of the Commodity Market highlights a promising outlook for cryptocurrencies, with potential uptrends in gold and silver stocks (non-leveraged). Base metals, including URA, are exhibiting continued strength. Crude oil is poised for an upward shift from its Wave IV, as indicated by the early movements in XOM. Meanwhile, the DXY, TLT Bonds, and US 10-year yields await further price action to confirm directional shifts.
Commodity Market Elliott Wave Analysis for Bitcoin (BTC) ETH/USD / Dogecoin / GBTC, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Natural Gas
Video Chapters
00:00 Bitcoin (BTC) ETH/USD / Dogecoin / GBTC
03:04 US Dollar Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
06:50 Precious Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG
13:13 Base Metals:Lithium, PLL, Uranium URA ETF / Copper
24:20 Energy:XOM / Crude Oil WTI OIL / Natural Gas NG
28:24 End