Trading GOLD with AAFX... and I have been on a real roll before... generally it's a great company....and now my luck just ran out... 😞
The precious metal finished the second week in a row in a "sideways" pattern. Despite persisting inflation and geopolitical risks, investors' rush for gold is not observed yet. It is connected with the aggressive monetary policy of central banks that sooner or later will lead to inflation reduction.
Meanwhile, the XAU/USD quotes manage to stay above the key level of $1900 per troy ounce. ☝ It turns out that the "bears" lack fundamental factors to develop a downward "rally". As a result, the gold position can be characterized now as neutral.
Anyway, I am not dissapointed with AAFX as it's market moves, not the broker. Yet make your own decision.
2 years ago
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