Gold is a chemical element; it has symbol Au and atomic number 79. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions
The U.S. Dollar Index (USDX) is a relative measure of the U.S. dollars (USD) strength against a basket of six influential currencies, including the Euro, Pound, Yen, Canadian Dollar, Swedish Korner, and Swiss Franc. The index was created in 1973, but remains useful to this day.
You study 12 years in school, 4 years in college and possibly few years in post grad to get your first decent job. But you want profit from market on day 1. Give time to market, probably few years like you did to your study & see. Don't waste money making random trades. Learn basic first. Risk management (most important) Fundamentals Stop loss Trailing Risk...
What is the best time to trade GBP JPY? between 8am and 9am Generally, a good time to trade GBP/JPY is when the markets in London and Tokyo are both open – between 8am and 9am (UK time). That's when GBP/JPY is at its most liquid, meaning you are likely to get tighter spreads and better prices.
NFP Day #USD NFP Non-farm payrolls (NFP) are an important economic indicator related to employment in the U.S. Understanding this data release can help set up forex trades to take advantage of unexpected changes in employment. Technical analysis can be employed to the NFP report using 5- or 15-minute chart intervals. 05.October.2023 Friday
Dollar Index Here are two little tips you should always remember: If USD is the base currency (USD/XXX), then the USDX(DXY) and the currency pair should move the same direction. If USD is the quote currency (XXX/USD), then the USDX(DXY) and the currency pair should move in opposite directions.
Gold is a chemical element with the symbol Au and atomic number 79. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions.
When trading forex, you can open a trade in 2 directions: buy (long) and sell (short). To make a profit with a buy trade, you need to buy a currency at a low price and sell at a higher price. To make a profit with a sell trade, you need to sell a currency at a high price and buy it back at a lower price
The Best Gold Trading Strategies Deciding upon the best Gold trading strategy or strategies to use requires you to consider the cases for trading Gold using fundamental or technical analysis , or a combination of both. Let’s consider the basis of such strategies and how they have performed over recent decades to help you make that decision. Fundamental Analysis...