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Gold prices are set for a correction in the coming months due to the re-emergence of risk-on sentiment, this according to Florian Grummes of Midas Consulting.
In a recent article published on Seeking Alpha, Grummes said that gold’s recent uptrend could see a trend reversal soon.
“In the coming weeks…a rudimentary normalization after ‘Corona’ is expected. The easing rally in the stock market in the so-called ‘risk on’ mode could initially continue,” he said. “During such phases, gold is not needed and will most likely come under considerable pressure.”
Grummes noted that this would still only be a temporary correction for gold on its way to all-time highs.
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Hello.
kaise ho mere doston aur is India Forex forum ke member Duniya Ka best from hai doston is Hafte Mein trade buy main bahut hi acchi movement Karti rahi hai aur next week jo hai aap trade ko focus Karke trade lagaen.
Best of luck.
Good afternoon.
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Hello.
kaise ho mere doston aur is India Forex forum ke member Duniya Ka best from hai doston is Hafte Mein trade buy main bahut hi acchi movement Karti rahi hai aur next week jo hai aap trade ko focus Karke trade lagaen.
Best of luck.
Good afternoon.
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Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
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it seem 8656 got a strong resistance area.......i think it will go down back again after reach those area and projection will be around 8378 area to complete the down trend but it the price close above the 8656 then it will be a diffrence senario
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Hello.
kaise ho mere doston aur is India Forex forum ke member Duniya Ka best from hai doston is Hafte Mein trade buy main bahut hi acchi movement Karti rahi hai aur next week jo hai aap trade ko focus Karke trade lagaen.
Best of luck.
Good afternoon.
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today market trend is sell.
donnot be emotional during trading.
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Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
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I see this pair to show bullish signal.
Simple Moving Average indicator also giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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trader feel very reliable by working in forex business and can do it as a part-time or full-time job, just by sitting at home you can earn money.
