CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

⛔ GOLD defends the $1800 level 🥇

09:26 25 November 2020

❓ Gold has been the odd man out amid euphoria on global markets. Can prices hold the psychological support?

Looking at the markets these days one can spot rallies and records nearly everywhere. Dow beating 30k was a major thing yesterday but frankly nearly everything is bubbling – European stocks, crypto, OIL, emerging market currencies. While the present market narrative of successful vaccine and very market friendly US administration under Biden supports most asset classes, precious metals are on the defensive as investors look past safe havens. The results? GOLD sliding $275 from August highs to test the pivotal $1800 level. This is more than just psychological – for as long as prices remain within the downward channel traders can hope for a long-term bullish flag pattern. However, a break lower could tip GOLD into bear market territory.

This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. X-Trade Brokers Dom Maklerski S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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