Gold price dropping hard

Early-week gold trade is seeing a large fall in price. 

Oil is down, commodities more generally looking in trouble if gold is anything to go by. 

The moves so far do not auger well for the “commodity currencies”. Of the majors, AUD, CAD and NZD all a little lower. 

‘Risk’ more generally is seeing an early-week wobble. 

Invest in yourself. See our forex education hub.

Articles You May Like

Forex Trading Strategies : ICI Pattern : GBP USD Analysis
Supply and Demand is the BEST STRATEGY for Scalping | Here’s Why (FOREX)
The Trading Strategy That the Top Traders Use: Rule-Based Systematic Forex Trading Strategy Approach
Swing Trading Was Hard, Until I Discovered This GAME CHANGING H1 Trading Strategy
The ULTIMATE Double EMA Trading Strategy (This Should Not Be FREE)

Leave a Reply

Your email address will not be published. Required fields are marked *