Metals are hard commodities that are mined or extracted. They can be further divided in precious metals like Gold, Silver and Platinum and high-demand base metals like Copper, Aluminium and Zinc. Precious metals tend to move together in price and their unit of trade is the troy ounce. Gold has a number of industrial applications, functions as a safe-haven for currency speculators in times of uncertainty and can be used as a hedge against inflation.
Base metals are essential to industrial processes and are traded in metric tons. They are a leading indicator signalling economic growth or weakness. The strong demand from China's infrastructure and construction sectors is the main driver of global base metal consumption. Production cuts or increases and fluctuations in global inventories further influence their price. Metals are mostly traded through futures contracts, to speculate on price movements. The most popular custom chat is the Gold room where traders talk in real-time about where Gold is going.
DO NOT TRY TO SELL WAIT FOR LONG
FOR MINI LOT SELL 1199 SL 1202 TG 1267/1264 (RISKY)
GOLD GOOD TO BUY @ 1264/67 SL 1260 TG 1222/35/1247
MORE PM ME ........................
Implications and Outlook
There is important short squeeze coming out this stagnant pattern. For complete Gold Market Commentary for September 22, go to https://www.tradingsig.com/commodity-market-analysis.html
1. Long- term trend on D1/W1 bearish
2. Price came to Key level $14.39, bounced from it so many times and made a fake broke.
3. Potential profit in 4 times bigger than risk.
4. The price is moving to key buy level $13.66. Near that level we can look for a Long only.
Sell at: $14.30
S/L: $14.46
T/P: $13.76
C.C.L. — Candle created level
C.A.P. — Candle Approved ...
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Here we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the ...
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