Don’t miss the opportunity to make a profit, check the gold trend now>>
Fed announced the rate hike by 75bps. Although the US economic recession is imminent, inflation and employment data have not improved significantly. Therefore, Powell’s believes that it is still too early to stop raising interest rates, which suppress the short-term price of gold. Although gold has just rebounded in the short-term, the US Non-farm Payrolls and Unemployment Rate reports will be released tonight. If the Non-farm Payrolls data is stronger than expected, the gold price bears may continue to control the situation.
The trend of gold can be paid attention to…
– Latest news on the Russian-Ukrainian war
11/4
-20:30 US Unemployment Rate (Oct)
-20:30 US Non-farm Payrolls (Oct)
Which will affect the trend of gold, and investors must seize the opportunity to place orders.
Daily Focus allows you to understand the gold market, increase profit opportunities, and seize the opportunity immediately.
How to trade XAUUSD on HXFX?
1. First, click here to register an HXFX account for free.
2. Next, download the APP and log in to complete the real-name authentication.
3. Contact customer service to receive your exclusive free trial bonus.
4. Click “Quote”, select “XAUUSD” and click “Trade”. After the quotation page is displayed, you can click “Sell” or “Buy” to trade the product according to the trends.
5 Advantages of Foreign Exchange Trading
1. Leverage system
Investing a small amount of money will bring greater benefits, but may also bring greater risk of loss.
2. Low transaction costs
There are basically no handling fees, government taxes, etc.
3. Two-way transaction
Whether you are buying first and then selling in a bullish trend, or selling first and then buying in a bearish trend, you can get profit.
4. 24 hours trading
It is available in 24 Hours, investors can trade according to their own time.
5. High liquidity
In the foreign exchange market, investors could exchange foreign currency at any time, even complete their transactions in a short time.
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Disclaimer: Information above can only be use for references and doesn’t represent our platform’s opinions.
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