Gold is one of the best-known commodities. This yellow metal is also one of the most important parts of any diversified portfolio due to its store of value characteristics.
At the beginning of the week we wrote an article about technical analysis of gold. This article provides checkup of these levels and reaction of the price on them.
It is vivid, that from the beginning of the year, the most compelling fundament in the markets is war conflict in Ukraine. It has started many significant moves throughout markets, so letΒ΄s look, who is the winner and the loser among commodity sectors.
Today we will look at gold and silver after some time. We will mostly look at long term outlooks for both of these metals. Both commodities have been moving sideways for a while and show no real trend. Past couple of days however showed a change in this sentiment.