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Hallow friends Hope all of you are fine!
Everyone made his stretigy by its own opinions.
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
So we all want to attend or recieve all informaton that is important to know the traditional trading environment.
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.
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News) - Increasing pressure from market players and significant liquidity issues in the gold market are prompting CME Group to make some changes in how it delivers its physical gold.
Tuesday evening, the futures exchange announced the launch of a new gold futures contract with expanded delivery options that include 100-troy ounce, 400-troy ounce and 1-kilo gold bars.
The new contract is expected to launch with the first expiration of April 2020, pending regulatory approval, the exchange said.
"This time of unprecedented market conditions has led to growing demand for a broader range of delivery needs for our clients worldwide," said Derek Sammann, Senior Managing Director and Global Head of Commodity and Options Products, CME Group in a press release.
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Bowing to provincial authorities, Agnico Eagle Mines (NYSE:AEM) said today that it is ramping down operations in the Abitibi region of Quebec, which include the LaRonde Complex, the Goldex mine and the Canadian Malartic mine.
The three Abitibi operations accounted for 876,000 ounces of payable gold production in 2019.
Agnico Eagle's total production in 2019 was 1.78 million ounces of payable gold production.
The company said that each of the Abitibi operations are to be placed on care and maintenance until April 13, 2020, and as instructed, minimal work will take place during that time. In addition, the company will reduce activities at the Meliadine and Meadowbank mining operations in Nunavut, which are currently serviced out of Mirabel and Val d'Or, Quebec. Exploration activities in Canada will also be suspended during this period.
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the price break the support after the continuation sell off on the gbpcross but it seems the movement is out off steam.....is this pair find the bottom like gbpusd or it want to go deeper.....let wait and see
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herefore, this correction was more aggressive. Friday was closed on the support of 1.29, and a break-up can slide to 1.25 and below. However, if the GBP crosses above 1.2 it will be a positive signal for it and a negative for the Swiss currency.
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GBP/CHF
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading.
The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
We also know about the movement of price up and down in down because of news. News of donald trump is most important. About USA and Chaina trades.
I have also make trading about these analysis of moving arevages. Parabolic SR.
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Gbp/Chf
GBP/CHF
Forex forum is the most popular in the world to see the most important things about your life and your future needs. In this forum we have been working with a team of experts who will help us to understand how we are working together and how we are able to earn good profit. We also follow the seniors traders and make trading decisions that are very important to earn good profit.
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
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we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like GBP to CHF . If you are looking for foreign exchange rates with good return, GBP to CHF can be a bad, high-risk 1-year investment option. GBP/CHF rate equal to 1.162 at 2020-03-25, but your current investment may be devalued in the future.
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if we looks closely this pair had form a 5 wave swing for the 6 april this year and from my mtp is have reach the min wave 5 level......if the pullback change major trend then we can see this price will reach the opposite projection area at 14000 for the 1st swing up
