The markets have proven to be incredibly turbulent in recent months, and many currency pairs have seen major price swings, but possibly none more than the AUD/USD in 2020.
As many of you will know, Gold closely correlates with the Aussie Dollar, and so as people funnelled their money into other assets and commodities such as Gold, the Aussie Dollar would feel those effects. Therefore, it’s imperative that you not only keep a close eye on Australian and American economic news releases, but also pay close attention to what’s going on currently in the gold markets.
As you can see from our video, trading the Aussie Dollar in these volatile times is totally possible, and it can have very lucrative returns when traded responsibly, and with finesse.
If you’d like to see how we analyse the markets and gain an insight into what trading forex is like at the professional level, then book a free appointment and speak to one of our expert traders today! https://www.platinumtradingacademy.co…
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