Elliott Wave Trading Strategies; US Gov Bonds 10 Yr Yields, US Dollar Index DXY, US Spot Gold, GDX, Silver, Copper, XLE Energy ETF, Crude Oil and Natural Gas.
Market Summary: Gold ETF GDX continues lower in wave three and we are holding short. Spot Gold also edges lower as does silver, they could also follow GDX lower. Natural Gas and Crude Oil are not yet ready for long trade setups.
Expecting the US Gov Bonds 10 Yr. Yields to eventually develop support on 3% and then move higher to 4%.
