Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities


Video: Charts of Gold as of April 24, 2019

April 24, 2019 at 13:26 by Vladimir Vyun

In the present video, Peter Martin from Trading 212 explains fundamentals that were dragging gold down lately, like stronger US dollar and risk appetite. He then takes a look at both longer- and shorter-term charts of the commodity with moving averages, pointing at important levels. The video also shows a chart of the dollar, demonstrating inverse correlation between the US currency and gold.

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