Forex trading is an unpredictable business at the best of times. Predicting currency fluctuations requires an in depth knowledge of a multitude political, economic and cultural factors. Trading Forex gold is much simpler and represents an attractive alternative to guessing currency fluctuations.
The value of gold is closely tied to that of the dollar. Forex gold is traded in the same way as any other commodity except that it can only be traded against the dollar. The general consensus is that when the dollar decreases in value the value of gold increases. Seguir leyendo “Forex Gold: Well Worth Its Weight”