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Two of the world’s biggest gold refiners, Valcambi and Argor-Heraeus, are restoring almost all operations after Switzerland relaxed coronavirus lockdown measures, they said on Monday.
The decisions end six weeks of partial or full closure that disrupted global gold supply and helped to drive prices in New York and London further apart than they have been in decades.
Valcambi, Argor and another refiner, PAMP, are near the Swiss border with Italy, which has suffered one of Europe’s worst coronavirus outbreaks.
Together they process about 1,500 tonnes of gold a year - equivalent to a third of global supply - in the world’s most important refining centre, purifying mined material and reshaping metal moving between markets that use different bar sizes. Zigzag and RSI.
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Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
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Today market trend is :sell
This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend
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my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit in forex market today.
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maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
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time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
money management in forex trading is very effective for getting profits with stop loss and take profits method with current trading position.
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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.
forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.
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.
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Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows market is going up. so buy position is best for traders
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
trader can trade according forex market situation and earn good profit everyweek.
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I see the daily chart that indicate complete downtrend of this forex pair.
I use more than one indicator,
Exponential Moving Average (16) : buy
Simple Moving Average (24) : neutral
Exponential Moving Average (30) : neutral
Simple Moving Average (28) : buy
Exponential Moving Average (54) : buy
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
trade with confidence, and not to be confused
If you face lose then not to worry about this loss is just part of forex trading.
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the pair price already touched daily resistance 2 level and above trend line.
now the price try to move Upward.
I think the price may touch daily pivot point frokhat ki satah par hai .
Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
You will earn more money if you will follow my views,because I have posted this after checking the previous routine of daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of forex market.
