A Free Market Scanner is one of the tools useful for analyzing the price of gold and other assets. If you are not an Ace of finance or a specialist in the gold market, you are probably wondering if you have the ability to make a proper analysis of the price of the precious yellow metal yourself in order to set up profitable strategies.
However, no matter what technical indicator you use, you should not forget to also look at the fundamentals like the value of the dollar, which also greatly influences gold trends.
Fortunately, most online brokers offering gold CFDs provide their users with practical tools and features that allow them to better anticipate future variations in the ounce of gold. The gold market is not risk-free and history has proven it in 1980 when the price of gold suddenly dropped.
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