Gold and its impact on the foreign exchange market. - Page 2
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Thread: Gold and its impact on the foreign exchange market.

  1. #11
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    Quote Originally Posted by Rola View Post
    I trade gold very rarely. But I use it as type of indicator. When gold is rising EUR is rising too, when falling - EUR falls too. Sometimes when gold is sudenly falling or rising we should wait for some big news. It is possible to foresee something looking at gold chart and movement. I do not imagine how I can trade without the chart of gold.
    You are not need trade on this pair with any indicator you can use your skills and experience to make money on it. You are right Gold is move same as Euro because these pairs movement depend on Dollar and when dollar is strong then gold is move down side but when dollars is weak then its become strong. So if we understand this combination we can make easily profit with its trade.

  2. #12
    Many people mistakenly use gold as a definitive proxy for valuing a country's currency. Although there is undoubtedly a relationship between gold prices and the value of a fiat currency, it is not always an inverse relationship as many people assume.

  3. #13
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    Quote Originally Posted by Sidra View Post
    Many people mistakenly use gold as a definitive proxy for valuing a country's currency. Although there is undoubtedly a relationship between gold prices and the value of a fiat currency, it is not always an inverse relationship as many people assume.
    Gold is most important currency pair of this market and whole world economy. Mostly traders are like to trade on this pair and this pair is highly profitable for all of us. In forex market this is a normal pair like the other market currencies and metals but gold is very important for a country development and its progress and its make a country economy very strong.

  4. #14
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    A very nice information about the gold and its definitely help us to understand the gold and its impact on market. I never try to trade with this pair because its move big and risky is big involve on its trade. Gold average daily movement is also big which is not suitable with traders trading skills. I only trader on forex with currency market and their risk is very small.

  5. #15
    Gold have big impact on this market which reason is that only big investors are trade on this pair and when mostly forex traders are trade on this pair which is cause the impact of gold is big on this market. Gold is also a highly volatile pair of forex which is reason I like to trade on it and I only trade with gold and never trade any other currencies.

  6. #16
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    Good article about the role of gold in the world. It is one of the main financial assets till now. China accumulates the reserves, Russia and Turkey too. Germany reurns its gold from USA. When inflation is going to rise everywhere central banks accumulates the gold for the special circumstances that can happen in financial world due to everything.

  7. #17
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    Quote Originally Posted by Giedra View Post
    Good article about the role of gold in the world. It is one of the main financial assets till now. China accumulates the reserves, Russia and Turkey too. Germany reurns its gold from USA. When inflation is going to rise everywhere central banks accumulates the gold for the special circumstances that can happen in financial world due to everything.
    All countries are now now the important the gold which is reason these countries are return their reserve of gold and now these are buy the maximum gold quantity and take reserve of it. In forex exchange market gold role is so much important which is reason all countries are must need to take a good quantity of gold reserves to survive on forex market.

  8. #18
    Gold got a big important impact of something big happen regarding policies with gold in the market. Gold is a currency actually with the same purchasing power no matter what. As long we had gold, it will not reduce in value but when gold will shine again is when the world start to using gold standard in currencies once again. That is when gold will be trully valueable but that kind of scenario means the world accepts the failure of current system.

  9. #19
    whatever we have of analysing the gold signal remains the strongest pair to know from the strength of the market and the volatility . and also there can be good way to understand about the safe statue between the traders all over the world , so we can make of the good analyzing of the gold to trade every effective while there is a good news to be released on different periods

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