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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
 Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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Gold steadies while oil presses higher

Gold has rebounded from yesterday’s low while oil is continuing to move higher.

Source: Bloomberg
Written by: Chris Beauchamp | Chief Market Analyst, London
Publication date:

Gold steadies

The price fell to a two-week low yesterday but has recovered to move back above $1765. So far this looks like a consolidation after the big move up from late March, with the bearish view somewhat negated by yesterday’s bounce from the lows. A recovery above $1780 would bolster this view and raise the prospect of another push to $1800.

Source: ProRealTime

WTI presses higher

WTI's climb has resumed, with the price moving back above $64 and on course towards the highs for the year. Monday’s bounce from the lows sealed the fate of the bearish view for the time being and put the sellers back in their box and the buyers back in charge, with a reversal below $62 needed to raise hopes of a new move lower.

Source: ProRealTime

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

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