Forex is a global market that concentrates on buying, selling and exchanging of currencies at a current determined price range. It is a common misconception that the market determines values of currencies but is simply not how it works. The market simply follows the value of one currency compared to another currency.
It has characteristics that make it a unique market compared to other financial markets, for example, it operates 24 hours a day except for the weekends and it is affected by numerous factors that make the exchange rates highly volatile.
free gold signals and new uptrend
Published: 2018-05-10 19:20:38 - 2 days ago
Gold price expectations and gold trading signals to buy from the beginning of the bullish trend
The gold price of the consolidation phase since the beginning of this month and rose above the level of 1300
and has formed the first upside wave from the 1300 level to the 1318 level and ended the bearish correction wave
The current bullish wave is expected to be an extended wave approaching the 1331 level
That is why Gold Pattern the best trading signals provider is offering gold signals for today's free live recommendation to buy gold against the dollar
buy @ 1317
tp @ 1331
sl @ 1310
Gold Technical Analysis, Trading Outlook and Gold Recommendations today
Gold is prefered to buy on the world gold market online as long as the ounce is above 1310 level targeting 1331 profit level
I think commodity and currency are both important factor here in Forex.
A commodity is something useful, something you would acquire because you want it for its use value or its sentimental or aesthetic value. A currency's principal use is as a placeholder, a means to keep track of economic exchanges.
A currency can be, but does not have to be, something that has material value. But a currency can also be just bits paper, or cheap metal coins without material value, or even electronic bits in a computer memory.
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