Last week, we explored the basic fundamental and technical approaches to gold trading. Having covered the key price drivers of this critical asset and how you might use data to trade it, you’re ready to assess the conditions for entry. But there are a range of markets that can effectively give you exposure to gold.
Last week, we visualised the key potential drivers of gold in a chart focused on recent performance. Understanding the factors that can move gold prices is essential, but translating that knowledge into effective trading strategies is where the real potential can lie.
Last week, we explored the key price drivers of gold, and how they impacted the price of the precious metal this year and last. Now, we’ll bring these factors to life in a chart, showing you ten instances the gold price responded to critical fundamental events, including central bank policies, global economic data, and geopolitical events.
In 2024, gold has been on an upward trajectory, hitting high after high as global markets face ongoing challenges. This precious metal, long seen as a safe haven, has been proving its worth, drawing attention from traders around the world as its bullish surge continues.
The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.
Gold prices have declined despite a drop in Treasury yields and a weaker US Dollar. We look at the key drivers and technical levels for the gold price.
Gold moves higher as softer economic data weighs on US yields and the dollar
Crude has extended its sell-off as demand risks loom ahead of OPEC+’s meeting on November 26. We look at the drivers of oil prices and the key technical levels of WTI Crude.
Oil has tumbled as demand concerns build. We look at the drivers of oil prices and the key technical levels of WTI Crude.
Since the start of the conflict in Gaza gold has rallied a whopping 10%, reflecting investor demand for its safe-haven attributes during times of heightened global geopolitical tensions.
Gold prices have declined despite a drop in Treasury yields and a weaker US Dollar. We look at the key drivers and technical levels for the gold price.
Crude prices have rebounded following the Fed’s “dovish hold”. We review the key drivers and technical levels for WTI Oil.
Escalating tensions in the Middle East sees silver, gold, and oil all pushing higher
Amidst escalating tensions in the Middle East, both oil and gold prices have gapped higher in early trading on Monday. Let’s delve into the factors driving these market moves.
Oil prices are on the rise once again. US crude managed to break above a key resistance back in late August and has been steadily making its way towards the $90 mark, with Brent crude trading above $92 per barrel for the first time since November.