Charting commodities: gold trending low once again

Oil just bounced up from a support zone. IG analyst Josh Mahony wonders if we will see further upside, but would be bearish if it breaks below $45.76. Gold is down again after the sharp selloff from last week.

Trade now

Live Gold | Brent crude | WTI prices

The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.