We already have an article in our blog that explains that in times of instability of the US dollar, it makes sense to leave trading in majors for now. Their moderate risk level is no longer relevant. More and more traders start to think about switching to other types of trading instruments. Of course, cross-currencies become their next choice. However, today we will talk about more interesting currency pairs - exotics.
I hope that from my last article you were able to analyze your trading performance for the last six months and even apply a couple of my tips. If you haven’t seen it yet, then I suggest you read it first to understand why we all started this.
Back to our gold rush! Today we will continue to talk about the XAUUSD pair and finally find out what strategy you can use in trading.
Welcome back to our gold trading marathon. We have already talked about the precious metal itself - we learned what affects its price and discussed its main trend. Time to learn more about the trading instrument itself and about the main trading features.
Stay tuned for the latest FXCL stories
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