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Commodity Markets: Bitcoin, Gold, Silver, Forex, Crude Oil, Copper, Natural Gas - Elliott Wave

From youtube.com/elliott_wave

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 Update: The commodities market is poised for potential shifts based on the USD DXY performance, as the dollar approaches the concluding phases of an Elliott Wave ABC correction. Specifically, the wave count indicates Wave iv of (v) of c) of 2. Upon the completion of the dollar's rally, a strategic approach involves waiting for the initial impulse wave lower. This serves as confirmation that the dollar is set to decline, opening opportunities for long trades in gold, silver, and various currencies. In the context of Bitcoin, with a downward movement to the next support level at 38,000, alternative wave counts are considered for a comprehensive analysis.

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