Many forex traders consider gold to be a safe investment against inflation and during an economic downturn.
But gold prices no longer move inversely with the dollar, as they have in the past, and trading gold is not as “safe” as it once used to be.
Today, because of demand and product diversification, there are more gold currency pairs to trade than ever before (XAU/USD, XAU/EUR), and knowing how to perform fundamental analysis is crucial for success.
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