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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 of the day, Friday, July 1
European stock futures are lower today as investors …
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Gold continues its bearish movement, as it managed to break the support level at 1800.00, …
The pound against the dollar continues to move below the resistance level of 1.2200, where …
The EURUSD pair rebounded to the upside in an attempt to correct the bearish path …
The dollar against the Japanese yen pair continues its bearish movement after forming a double …
News of the day, Thursday, June 30
Oil prices decreased today amid global supply worries. …
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