MagKing Forex

MagKing Forex Trading through MT4, various varieties, such as: gold, crude oil, cryptocurrency, national currency

This year's physical stores have been affected by COVID, which has led to an economic downturn. Fortunately, the gold ma...
29/01/2021

This year's physical stores have been affected by COVID, which has led to an economic downturn. Fortunately, the gold market is very good this year.

$8,400 in profit from trading in the gold market today.
06/01/2021

$8,400 in profit from trading in the gold market today.

The price of gold fluctuated at the 1880 line and is still waiting for further guidance. There are still variables in th...
18/11/2020

The price of gold fluctuated at the 1880 line and is still waiting for further guidance. There are still variables in the trend below 1900 US dollars. If the short-term break below 1850 may confirm the downside, the lower support is at 1800-20. If the gold price returns above 1900, it may continue to rebound. The upper resistance is at 1912, 1930.

The price of gold (XAU) has received widespread attention worldwide. Before the abolition of the gold standard, gold had...
17/11/2020

The price of gold (XAU) has received widespread attention worldwide. Before the abolition of the gold standard, gold had been the foundation of the capitalist economy for hundreds of years. After World War II, the United States established the "Bretton Woods Monetary System", that is, the U.S. dollar was linked to gold, and the currencies of various countries were linked to the U.S. dollar. The U.S. dollar became the "world currency" and was called the "US dollar." In the 1970s, the United States was mired in the Vietnam War and fiscal deficits. The depreciation of the U.S. dollar prompted European countries to abandon their attention to the U.S. dollar, and the price of gold began to float freely, thus giving birth to spot gold, or "London Gold." In 2001, the "911" incident in the United States made gold's hedging function recognized by the world, and at the same time it became an effective asset against inflation, thus opening a decade of bull market for gold. The volatility of gold prices is more affected by the geopolitical situation, and is usually inversely proportional to the volatility of the US dollar and the stock market. The chemical symbol of gold in the periodic table is AU, and X stands for not belonging to any country, and the unit is ounce/dollar.

At present, the global economic downturn due to the COVID-19 situation, but the gold market has been rising. If you want...
16/11/2020

At present, the global economic downturn due to the COVID-19 situation, but the gold market has been rising. If you want to make money, click the link to consult.

The global economic downturn due to covid is now, but the gold market has been rising this year. If you want to make mon...
16/11/2020

The global economic downturn due to covid is now, but the gold market has been rising this year. If you want to make money, chat with me privately.

The US dollar index based on major currency pairs measures the average performance of the US dollar against major curren...
16/11/2020

The US dollar index based on major currency pairs measures the average performance of the US dollar against major currency pairs such as the Euro, Japanese Yen, British Pound and Australian Dollar. US Senate Majority Leader McConnell reiterated that the Republican Party’s position is to accept a targeted fiscal stimulus plan smaller than the Democratic Party’s proposal. According to reports, US President Donald Trump is withdrawing from stimulus negotiations. Although the market may continue to welcome vaccine-related optimism, the increasing number of new crown cases and the continued delay in US fiscal stimulus negotiations may continue to support gold prices

13/11/2020

Talk to me privately if you want to make money

With the recent news about elections and vaccines, U.S. Treasury yields have soared and precious metal prices have falle...
13/11/2020

With the recent news about elections and vaccines, U.S. Treasury yields have soared and precious metal prices have fallen sharply; through the surge of cases, intervention in the epidemic may exceed expectations and gold prices.

12/11/2020

Private chat that wants to make money.

AUDUSD fell by 0.06% yesterday, fell 0.09% in the past week, and rose 2.55% in the past month; AUDUSD closed at 0.7275 y...
12/11/2020

AUDUSD fell by 0.06% yesterday, fell 0.09% in the past week, and rose 2.55% in the past month; AUDUSD closed at 0.7275 yesterday, higher than the 20-day moving average of 0.7144, indicating a short-term bias; higher than the 50-day moving average of 0.7168, indicating a mid-term bullish outlook ; Higher than the 200-day moving average 0.6822, indicating a long-term bullish bias. In terms of indicators, MACD above the signal line indicates bullishness, and RSI is in the bullish zone.

The breakthrough in the COVID-19 vaccine is an important development for the initial prospects of the oil industry. Bren...
11/11/2020

The breakthrough in the COVID-19 vaccine is an important development for the initial prospects of the oil industry. Brent and WTI crude oil futures have risen 13% so far this week. Among them, Brent crude oil hit a 10-week high after breaking through $45, and the upward trend was also intensified by the short stop loss. In other respects, API crude oil inventories have shrunk by 5.1 million barrels per day, and are expected to fall by 900,000 barrels per day, which has boosted oil prices throughout today’s trading hours, which is also following the EIA report on US crude oil production. It is expected that there will be a greater decline than previously expected.

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