Fundamental outlook of gold price trend: neutral
MT4 software not only comes with a variety of indicators, investors can also install their own customized indicators, investors can analyze the market and trade according to technical indicators. So specifically, which of the MT4 indicators are more important?
Last week, the European Central Bank raised interest rates unexpectedly, which brought a lot of shock to Europe's highly indebted countries. Although the European Central Bank has made preparations for this, if the countries concerned cannot effectively deal with the debt problem, then Europe's response to the crisis may fall into a vicious circle of "relieving headaches and pains".
Under the interest rate hike cycle of the world's major economies led by the Federal Reserve, the currencies of emerging market economies are usually under pressure. In previous cycles, the Turkish lira, the South African rand, and the Mexican peso have been among the top losers.