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10/06/21 10:53
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Gold price and natural gas price consolidate, but WTI comes under fresh pressure It is a mixed start to the month for commodity prices; gold and natural gas are relatively quiet, while oil prices have fallen after an OPEC production cut failed to meet expectations. Source: Bloomberg Chris Beauchamp | Chief Market Analyst, London | Publication date: Friday 01 December 2023 12:22 Gold price rally stalls The price seems to have topped out for now, though a short-term bearish view would likely need a close back below $2000 to suggest another test of rising support. On the upside, the $2060 level remains as the key area to watch in the short-term, along with the $2075/$2080 area that has marked gold’s highs since 2020. Source: ProRealTime WTI falls after OPEC news OPEC’s production cuts were not enough, it seems to deliver a sustained bounce in oil prices. Instead, Thursday saw the price push briefly above the 200-day simple moving average (SMA), before dropping back again. This now means we wait to see if recent support around $72 could be tested, with a move below this creating a lower low. Source: ProRealTime Natural Gas holds above 200-day MA Here the price has managed to stabilise around the 200-day SMA, and a close back above 2900 might suggest a test of recent trendline resistance. If the price can claw its way back above 3000, buyers might emerge once again. Alternately, 2640 and 2540 become the next short-term targets to the downside. Source: ProRealTime -
By XTRAVAGANZA · Posted
DCA is my long term investment strategy. As for copy trading, i was using Bybit and Bitget initially but switched completely to the latter cex cos it gives me more win rates. Its prolly because they have more elite traders than the former yah. -
By XTRAVAGANZA · Posted
I would say Pele remains the undisputable Greatest Of All Time yah.
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Question
Guest StuUK
Sorry if I am being thick but I have returned to IG after a period away and although I have several compatible MT4 accounts the reference number provided by IG is not an MT4 account number. I would like to use my existing accounts with MT4 as I did in the past but the only way I have found to generate an MT4 account number is by setting up a totally new account. I am sure this was not the case 12 months ago but IG seem to have changed the account view format!
Normally when you log into a 'broker' account it shows you a list of your live and demo accounts with MT4 account number, type, password change option etc in one neat accessible list. I cannot find such a facility on IG. I have spent hours trying to solve this.....
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