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(Kitco News) - Although the gold market is struggling to find traction as panic and volatility grip financial markets, the world ’s largest asset management firm sees potential for the yellow metal.
In a commentary published Thursday, Russ Koesterich, portfolio manager for BlackRock’s Global Allocation Fund, said that he sees three factors supporting gold going forward.
“With both nominal and real, i.e. inflation adjusted interest rates in free fall, gold is well positioned to do what it is intended to do: “help insulate a portfolio,” he said in the report.
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Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
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Today market trand is sell....
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga. Best of luck....
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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
Good night
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Gbp/Usd
we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like GBP to USD . If you are looking for foreign exchange rates with good return, GBP to USD can be a bad, high-risk 1-year investment option. GBP/USD rate equal to 1.251 at 2020-03-13, but your current investment may be devalued in the future.
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A weakening U.S. dollar, falling global economic growth expectations and falling bond yields will help to push gold prices higher in 2020 he said. The comments come as the gold market sees steep declines this week with prices trying to hold support around $1,600 an ounce.
April gold futures last traded at $1,579, down 6.6% from last Friday. The decline comes after gold prices started the week pushing above $1,700 for the first time in seven years.
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GBP/USD - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1.2266 - 1.2360 - 1.2435
Resistance 1 - Resistance 2 - Resistance 3.
1.2603 - 1.2698 - 1.2772
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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gbp/usd is wqt 1.2611 pr trade kr rahi hai. ye is wqt Over sold position pr hai. yahn se ye thora BUY m ja skti hai. lehaza hm buy order lga sakty hain. Money management k sth trade len taky big loss se mehfoz rah saken.
ye pair Hour four me thora Up ja skta hai phir long term Sell rahy ga.
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Trading is best for everyone who wants to earn money for their own business. 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. So trader can trade according the market situation and earn a good profit.
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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
Best of luck.... 👍✌
