Many traders view investing in gold as a good opportunity for profit, as it is a tangible asset that isn’t tied to a particular economy or market.
MetaTrader 4 has the charting and data features necessary to monitor markets. It also provides back-testing tools, which allow you to test strategies on historical market data before employing them in real-time.
Plug in your details and open an account with TMGM. Sign up takes less than 3 minutes!
Browse the market and decide how you would like to invest in gold.
Choose a trading style that best suits your investment goals. TMGM offers daily analyses to help traders make more strategic decisions.
Once you are comfortable with your trading strategy, open your first trading position and engage in gold CFD trading.
Gold has an inverse correlation with the US dollar. When the dollar weakens, the price of gold increases. However, when the dollar is strong, the price of gold may decrease in the short term. Fluctuations also occur during major events. Investors rush to gold and drive up demand during economic or political crises.