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This week's gold price is expected to see an increase in demand amid optimism that the Fed will lower interest rates at the end of the year. Technically the price of gold is now near the $2340 resistance zone seen on the H4 timeframe. Today's investors will probably wait for fundamental news on the Empire State Manufacturing Index, which surveys 200 companies in New York state. Forecast data is -12.5 and the previous revision at -15.6. If the actual news release is greater than the forecast, it is good for the currency and possibly gold to fall. On the other hand, if the actual data is lower than the forecast, gold may rise. The price of gold is often correlated with the USD, if the USD weakens the price of gold tends to rise, conversely if the USD strengthens the price of gold tends to fall. However, other factors determine the price of gold, including demand and supply. Especially demand from China, which is the largest importer of gold, followed by India.
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Factors that are considered while choosing a broker
radex78 replied to Gee Dee's topic in Forex Newbies
Broker customer support is also one of traders' concerns when using broker services, responsive support and providing solutions to problems faced by clients will provide a level of satisfaction for traders in using broker services. During this time using FXOpen, if I encounter problems I always contact support for help. The last problem I faced was when the Ticktrader trading account didn't appear in the internal transfer option box, then I contacted support and they resolved the problem responsively, and finally, I was able to make internal transfers as usual. -
Hey, folks! I've been diving into the world of sports betting and wondering about the best strategies out there. What are some unique approaches to maximize wins and minimize losses? Share your insights!
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NADEX ECOSYSTEM LTD - nadex.group
ProfitHuntersBIZ replied to Instant-Monitor.com's topic in HYIP Section
25.262126 BSC-USDT tx/0x0c935a9438a446bd34067afb652511a269612d0d9b626d20607a9d732ce11ca8 -
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