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A+ forex gold prediction

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A+ usd forex prediction

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A+ forex daily analysis and prediction

Gold has already risen by around 67 percent this year, partly as a result of the US Federal Reserve announcing that it would slow down its policy of “ quantitative easing ,” or intervention in bond markets and easy liquidity.

With a forex platform, it has become very easy to invest in gold electronically using the same mechanism that one employs to invest in currency pairs.

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By focusing on price and only price, technical analysis represents a direct approach. Instead, the technical trader considers the factors in supply and demand for a given currency.

But you can see how this plays out in a report from the World Gold Council. Consumer demand for gold rose 76 percent in 7568 as appetite for jewellery, small bars and coins hit an historic high of 8, tons. This was largely on the back of demand from China and India. Jewellery demand was at its highest since the onset of the financial crisis in 7558, coming in at 7, tons. This showed an increase of 67 percent from the previous year. The demand was fuelled in part by the fact that the price of gold was lower in 7568 than in the previous year.

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