Wednesday, July 19, 2017

Deals of July – Gold XAUUSD

Dear Nasril Nizam

Deals of July - Gold XAUUSD

Have you been following Precious metals market developments? Here is how much you could earn by trading CFDs on Gold XAUUSD.

Improved global growth and signals of central banks considering shifting to monetary tightening sooner than expected weighted on gold price.

  • Based on our gold technical analysis released on July 3, 2017 you could sell 100 ounces of gold XAUUSD with 1:100 leverage at the price $1236.27 on July 3, 2017 by investing about $1236.27 (margin for the position).
  • Close the position on July 7, 2017 at the price $1208.04.
  • Therefore, by investing just $1236.27, you could earn $2820.16 (net of $2.84 swap charge), that is you could increase the investment by about 228%.

Try your own successful strategy by trading Precious metals. IFC Markets offers CFDs on all popular Precious metals quoted against USD and EUR as well as gold synthetic instruments (IFCM Exclusive feature).

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