Get started

Oil(wti)

Gold vs oil . 17h45 Units numbers per product.It looks to me , that i should go for 1 Gold and 10 oil somehow. Broadly speaking, you could say that gold and petroleum are inversely correlated. One of the factors is that gold prices tend to lead moves in market sentiment, while oil price tends to follow economic growth. This is because, for example, investors will sell their gold in anticipation of the markets performing better. But, when the economy grows, demand for oil increases, meaning the price hike comes after the economy is already growing. www.cmegroup.com
OANDA:WTICOUSD
by DORMAN5
The inverse correlation GOLD vs OIL 08:10 05-Sep-19.LOG The inverse correlation GOLD vs OIL 08:10 05-Sep-19 Gold can be used for speculation but is preferred as a safe haven. Crude, on the other hand, can be used as a store of value but is preferred as a speculative play. This combination makes these two assets work great together as mutual hedges. Gold helps offset the risk of higher uncertainty, while oil can take advantage of market moves. Broadly speaking, you could say that gold and petroleum are inversely correlated. There are a couple of major caveats to add to that notion. The first is that more nuance allows for more sophisticated trading. The second is that there is more to oil prices than just the market. born2invest.com Understanding Intermarket Spreads: Platinum and Gold www.cmegroup.com Basics of Futures Spread Trading March 5, 2011 by Craig Turner www.danielstrading.com
OANDA:WTICOUSD
by DORMAN5
Forex: USD/CADM timeframe oversold with divergence loosing steam BEAR W timeframe price broken below uptrend trendline BEAR D bulls loosing steam LL/LC confirms downward pressure BEAR RSI overbought with divergence BEAR MACD bulls loosing momentum turning negative BEAR DXY extremely appreciated not good for economy and EM BEAR CXY undervalued BOC says stimulus might be needed NEUTRAL WTI/DXY Oil starts to appreciate because of global uncertainty BULL EXANTE is a broker for professionals. Direct access to over 50 financial markets through one account. Stocks & ETFs, Currencies, Metals, Futures , Options, Funds, Bonds, Crypto¬currencies. Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures , foreign currencies, and bonds involve a high level of risk. Single trading account Trade in 50+ markets in the US, Europe and Asia — from your all-in-one multicurrency account on any device www.exante.eu
Short
by EXANTE-TOG
USOIL - Increased bearish momentumTrade Idea Although an initial rally was posted, sellers emerged and follow through bearish momentum resulted in all the previous day's gains being overturned. The bearish engulfing candle on the daily chart is negative for sentiment. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. Rally capped by the daily Ichimoku Cloud. Further downside is expected although we prefer to sell into rallies close to the 56.00 level. We look to Sell at 56.00 Stop: 56.50 Target 1: 54.50 Target 2: 53.50
FX:USOILShort
by Signal_Centre
Don't get too excited about good news in the oil marketToday oil surged on news of a huge US crude oil inventory draw. The draw was big enough that oil may continue upward for the rest of the week. Other good news today included higher-than-expected compliance from OPEC members for production cuts and higher-than-expected oil imports to China from Iran. That means demand is a little stronger than expected, and supply is a little weaker than expected. However, there's some bad news offsetting the good. Morgan Stanley cut its average WTI oil price outlook for the rest of the year from $58 to $55. That's below the current price of $55.86. Global demand for oil seems to be falling even as the US and China oil markets are picking up. Meanwhile, US shale producers are increasing production, and so are Venezuela and Kenya. Oil might be good for a very short-term trade late this week, but it's unlikely that it will show any medium-term strength until the US makes progress in trade talks with China.
AMEX:GUSH
by ChristopherCarrollSmith