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Trade Idea: GOLD (XAUUSD)

Started by PocketOption, Nov 18, 2022, 06:59 pm

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Trade Idea: GOLD (XAUUSD)

Usually, the Dollar and GOLD are negatively correlated. This means that the stronger the US-Dollar becomes, the lower Gold prices will be as many more investors will prefer liquid investments. Times of crisis and the need to safeguard funds are the major exceptions to this. Judging from the background above, a bullish bias on the […]

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