19 C
New York
October 11, 2024
Market Analysis

Cryptocurrencies Show Promise, Potential in Gold & Silver

Elliott Wave Evaluation of the Commodity Market highlights a promising outlook for cryptocurrencies, with potential uptrends in gold and silver shares (non-leveraged). Base metals, together with URA, are exhibiting continued energy. Crude oil is poised for an upward shift from its Wave IV, as indicated by the early actions in XOM. In the meantime, the DXY, TLT Bonds, and US 10-year yields await additional value motion to verify directional shifts.

Commodity Market Elliott Wave Evaluation for Bitcoin (BTC) ETH/USD / Dogecoin / GBTC, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Pure Gasoline 

Video Chapters
00:00 Bitcoin (BTC) ETH/USD / Dogecoin / GBTC
03:04 US Greenback Index, DXY / TLT Bonds. US Gov Bonds 10 Yr Yields
06:50 Treasured Metals: Spot Gold XAU /GDX ETF / US Spot Silver XAG 
13:13 Base Metals:Lithium, PLL, Uranium URA ETF / Copper 
24:20 Power:XOM / Crude Oil WTI OIL / Pure Gasoline NG 
28:24 Finish

 

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