Commodity Blog

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


Video: Gold Technical Analysis

November 4, 2009 at 11:14 by Andriy Moraru

This video offers a technical analysis overview of one of the most traded commodities — spot gold. It offers somewhat bullish point of view, implying that the gold has broken all three important resistance levels on its way to levels near near $1,100 per ounce. The presented analysis is partially based on the MACD and the Parabolic SAR indicators. The author of the video also suggests the gold rate has finally decoupled from other financial markets.

Video created by MarketClub.

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