holyangel Posted April 14, 2012 Posted April 14, 2012 When we trade using intermarket trading analysis we should know how is the correlation between commodities price like gold that ussualy have positive correlation with AUD/USD and also OIL thats ussually have positive correlation with USD/CAD In this thread lets us discuss about news in commodities section Quote
holyangel Posted April 14, 2012 Author Posted April 14, 2012 Gold prices closed down, hit by falling stock markets. Saturday, April 14, 2012, 6:28 Commodity prices at the end of this week have a correction in linewith the fall of the stock market. At the close of trading on Friday (14/04) prices of commodities both gold and oilboth declined after U.S. stocks also fell. Concerns about China's economicconditions post the Bamboo Curtain countries reported their GDP slowed to thenegative sentiment has become a commodity and stock markets. Quote
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