All trading involves risk. Losses can exceed deposits.

Charting commodities: can gold break $1271?

14 June 2017: IG analyst, Josh Mahony, notes that gold has endured a sharp sell-off over the last week, coming to the end of the 50-day simple moving average (SMA). On the hourly chart, $1271 has turned into a level of resistance.

Open an account today

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.