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asarefredua asarefredua GOLD, D, Short ,
GOLD: Gold Downtrend Due To Economic Events
87 0 2
GOLD, D Short
Gold Downtrend Due To Economic Events

Everyone is aware that Gold is a 'save haven' for forex traders when economic results are bearish for a certain asset. Meaning, when some economies are performing well, Gold will reciprocate and also become bearish themselves. This can be seen through the past two daily candle sticks after Germany, one of the top 7 economies, showed positive unemployment. -12K ...

asarefredua asarefredua EURUSD, 60,
EURUSD: Why The ECB Press Conference Plummeted EUR/USD
191 2 5
EURUSD, 60
Why The ECB Press Conference Plummeted EUR/USD

The European Central Bank had a conference where Mario Draghi, President of ECB, presented the ECB. One of his alarming statements were that the ECB has decided to cut their monthly asset purchases in half, from 60bn Euros to 30bn Euros, starting of January. With economic intuition, this enlightens Europe's inflation struggles it has had over the past few ...

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