WHY trading in Gold is dangerous for new trader.

[Noreen7470]

Two days earlier, the Fed president had reiterated that the U.S. central bank would likely move forward with gradual increases in interest rates. Separately, New York Federal Reserve President William Dudley said on Thursday that four interest-rate hikes this year would constitute a "gradual" tightening.

[Noreen7470]

The news overshadowed positive remarks by Fed Chair Powell, who told the Senate Banking Committee on Thursday that there was no evidence the U.S. economy is overheating.

[sarfraz786]

this trading business is dangerous for all traders who do not get the proper learning , proper experience , proper knowledge of trading market and proper skills for this business , if the traders get the good learning of this business they could trade in currencies pair , metals and with the crude oil too , then they could feel easy to trade with gold , without having the experience traders could not perform better trading all things .

[Noreen7470]

U.S. President Donald Trump announced plans on Thursday to impose tariffs of 25% on imported steel and 10% on aluminum, in a move to “protect U.S. industry”.

The move sparked concerns over potential trade wars, which would have a negative impact on the U.S. economy, sending equity markets sharply lower.

[Noreen7470]

nvesting.com - The U.S. dollar edged lower against other major currencies on Friday, pulling away from six-week highs as concerns sparked by news of U.S. tariffs on steel and aluminum imports overshadowed upbeat comments by Federal Reserve Chair Jerome Powell.

[Noreen7470]

Bottom line: Price just broke though near-term uptrend resistance and keeps the focus higher while within this formation. We're likely to get some pullback here as momentum drifts into overbought territory but from a trading standpoint, I’ll favor fading weakness while above 9371 targeting the upper parallels.

[Noreen7470]

The focus remains higher while above highlighted confluence slope support around ~9380 with initial topside objectives eyed at 9513, the 100% extension at 9544 and the 50% retracement at 9613.

[Noreen7470]

Technical Outlook: The Swiss Franc has been under considerable pressure (USDCHF higher) since rebounding off the lower parallel of this slope formation extending off the December high (red). The advance has continued to trade within the confines of a well-defined ascending pitchfork formation extending off the yearly lows with the rally surpassing the median-line today in US trade.

[ghaffar500]

dear trader new tradder k liay gold es liay khatank hay k kun trader new hota hay aur wo esko thek say nahain ker skta es liay aur jab esko thek say samjh ajaiy phr wo kery to es say earing bhi ker skta hay bs esko thek say samjh k krnaay ki zaroorat hoti hay aur jab ap nay thek say sekh liay to phr ap k liay gold to kia koi pairs bhi mushkil nahain hay......

[Abidhanif]

Investing.com - The dollar plunged overnight in Asia from six-week highs after U.S. President Donald Trump decided to tax steel and aluminum as high as 25% and 10% respectively and Powell delivered a less upbeat testimony at the Senate panel. The Aussie and the yen appreciated as the dollar was off the recovery track.