Getting Started in Trading: The Best Intraday Strategies for Beginners in Traditional Markets, Forex, and Cryptocurrencies Trading in the financial markets can be an experience that is equally exciting and challenging; therefore, it is essential for novice traders to start with a strategy that has been well-thought-out. We’re going to take a look at some…
Category: commodities
XAUUSD (GOLD) Are Bears Waiting?
The American dollar is able to hold its ground better thanks to the market’s mixed feelings, which has confirmed the price of gold’s downward trend for three days running. The yellow metal is utilizing the situation after a two-week break. After some officials postponed the eagerly anticipated interviews scheduled for Friday at the start of…
XAUUSD (Gold): Will the Bears Take Over?
After yesterday’s erratic trading session, when the precious metal briefly surpassed $2050 before undergoing a severe sell-off and finishing in the red, gold prices have stabilized. Gold lost more ground this morning as the Dollar Index (DXY) hit a brand-new one-week high. Gold has unable to firmly climb over the $2050 mark despite mounting concerns…
Crude Oil Opens Gap After OPEC Decision! What’s next?
The world’s most heavily traded commodity, crude oil, has been making headlines as oil prices continue to fluctuate. Recently, crude oil prices have witnessed an upward trend, creating a buzz in the market. OPEC+ output cut, combined with compounding supply issues, has become the main driving force behind this sudden increase. The question on everyone’s…
How to Invest in Gold and Silver- Guide
If you’re thinking about investing in gold and silver, there are various methods to do so. Each has its own advantages and drawbacks; therefore, it’s essential that you weigh your overall investment objectives and risk tolerance before selecting which route works best for you. Physical gold and silver bars and coins are an excellent way…
Commodities Trading – What is & How To Profit!
The basic idea behind commodities trading is that prices in a commodity’s primary economic sector will move in tandem with the price in its corresponding stock. Hard commodities, such as oil or gold, are mined and traded as futures contracts. These contracts are the oldest form of investing in commodities. The most common type of…