Commodity Blog

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


Video: Short-Term Gold Analysis

December 9, 2009 at 11:50 by Andriy Moraru

Gold looks to be a very popular commodity for all kinds of traders these days. Expectations for the higher inflation and general financial uncertainty drive unprofessional investors into the gold market, which helps the hedge funds to make money on the rallying commodity. This video technical analysis of the short-term gold charts show some important support and resistance levels, as well as the Fibonacci retracements, that may be used as the pivotal points for position entry and exit.

Video created by RadioTrading.

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