The biggest drop in 5 months Gold, Crude at 11-year lows …
The sharp fall in gold and silver prices in the international market not to stop taking. Gold prices were down two per cent on Thursday Comaks was the biggest one-day fall in five months. …
Why Gold & Crude Oil Rate Is Down, Reason Behind It..
Prices softened by rising interest rates in the US …
Rates in the US after rising sharply in the commodity being. COMEX gold and silver fell 2 per cent to 3 per cent is broken. On the Comex price is under $ 1055. Gold prices fell 11 per cent over the year ….
In This Stage, You Focus On Commodity Trading Strategy-
Commodity trading strategies are simply the basis for why and when you will buy and sell commodities. You should have some well thought out strategies before you begin trading commodities. This does not mean watching the financial news or reading a commodity newsletter for the latest trading tips. Rather, you should have consistent strategies that will let you know under what circumstances you will buy, sell and limit your losses.
Most commodity trading strategies use some form of technical analysis for the trading decisions. I mainly use technical analysis when I trade, but I also monitor the fundamentals of the markets.
Range Trading Strategy-
Range trading in commodities simply means buying near the bottom of a range (support) and selling at the top of a range (resistance). Another way to look at this strategy is that one might look to buy a commodity after it has experienced a lot of selling and becomes oversold. Oppositely, one might look to sell a commodity after it has had a long rally and becomes overbought.
These strategies work well when the market has no significant trend. However, a trader could have a string of bad losses when a market forms a major trend, as markets can stay overbought or oversold for long periods of time.
Fundamental Trading Strategy-
While trading breakouts and trading ranges usually come with specific setups for buying and selling commodities, fundamental trading leaves much more room for interpretation. For example, you might buy soybeans because the weather has been dry during the summertime and you expect a much smaller crop. Or, you expect demand to increase for crude oil from China, so you buy oil futures.
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