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This is the most popular spot contract on the market. XAU/USD is a practical trading instrument with a great liquidity and volatility appealing to traders. Over a long period, a bearish trend has been dominating the market, but analysts predict a strong reversal. That’s why now is the right time to enter long-term positions for XAU/USD.
The biggest difficulty in trading this spot contract lies in the necessity to analyze a wide range of various factors: employment levels, inflation and GDP in the US, changes in oil prices, EUR/USD behavior. However, despite all the difficulties, it’s an actually viable trading instrument that can generate profit. Some experts think that XAU/USD is more suitable for conservative trading with large deposits.
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Deposit using any convenient method. Verify your phone number before you start trading to secure your account.
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News for today, Friday, January 28
The US dollar increased during European trade today, showing …
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The pound sterling against the dollar was able to touch our awaited target at 1.3400 …
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Gold price traded with strong negativity yesterday, to touch our awaited target at 1797.00, and …
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The currency pair fluctuates between 365 and 135 downbound moving averages. The ascendant wave structure …
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#ITX
The general trend is ascendant. The descendant wave structures are truncated. Awesome Oscillator indicates …
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News for today, Thursday, January 27
The International Monetary Fund warns about new rate hikes …
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