FreshForex broker

[Fresh Forex]

DOUBLING THE DOUBLE: DEPOSIT BONUS 202%

Dear clients,

Is it possible to hedge against volatility and increase the trading balance at the same time? Yes, with the deposit bonus, now 202%.

For every deposit of $202 or more, your account will be credited with a 202% deposit bonus.

With this bonus, not only will you double your deposit, but you'll also create a protective cushion for your account in case of a loss.

And don't delay, the offer is available until the 14th of November!

+15 TO ACCOUNT: BONUS FOR DEPOSITS WITH CRYPTOCURRENCY

Dear clients,

Do you want to get profit right from the doorstep? Deposit with any cryptocurrency and get up to 15% of the amount in real funds.

And hurry up, the offer is valid until the 14th of November!

Full Terms:

1. The promotion period is from November 1 to November 14, 2023.
2. The amount of the bonus when depositing with cryptocurrency is:
2.1. 5% up to 500 USD / 500 EUR in the currency of the trading account;
2.2. 10% from 500 USD / 500 EUR in the currency of the trading account;
2.3. 15% from 1 000 USD / 1 000 EUR in the currency of the trading account.
3. The bonus is credited to the deposited trading account to the "Balance" field and can be used without limitations but according to the full terms of the promotion. Maximum bonus amount is 500 USD / 500 EUR / 10 MBT in the trading account currency.
4. The Company is reserves the right to:
4.1. Deduct bonus funds if the Client decides to withdraw over 30% of the deposited amount within 60 days after the deposit;
4.2. To refuse to credit the bonus, limit its size for the Client, and (or) deduct bonus funds at its discretion at any time;
4.3. Change the terms or the period of the promotion.
5. By recieving the Bonus, the Client confirms their compliance with the terms of promotion.

 

[Fresh Forex]

OCTOBER FEST

Dear clients,

October is known for its volatility and this month - from oil rallies to bitcoin phoenix - was no exception.

Let's see how the month went for our clients:

The most profitable instruments were currency pair Dollar\Israeli Shekel (USDILS), Dollar\Bitcoin (BTCUSD) and Gold\Australian Dollar (XAUAUD) on Buy deals; oil West Texas Intermediate (#WTI) and Brent (#BRENT) on Sell deals.

What did FreshForex traders earn on?

The Heatmap will tell more about these and other instruments.

The month was quite competitive:

FreshForex celebrated its 19th anniversary with the FreshForex Birthday Challenge, where traders competed for places in the ranking;
A large prize pool of 100 barrels of Brent was raffled off among oil enthusiasts.


We're barging into November with two promotions — +15% to cryptocurrency deposit and a 202% support bonus. It's up for two weeks, so be quick and have a great November!

FOUR SINGLES — TWO PROMOS: HOW TO MAKE MONEY DURING THE SALE PERIOD?

Dear clients,

November is known for its festival of sales, but we decided to throw a party for those who want to earn money instead:

Till November 14, you can make a deposit with cryptocurrency and get up to 15% bonus on your account, as well as double your deposit with 202% bonus.

Profit while others spend!

 

[Fresh Forex]

EVERYBODY GETS TO TRADE! NEW OPPORTUNITIES FOR NATIONAL AND CRYPTOCURRENCIES

Dear clients,

Great news, stocks are now available for even more currency accounts:

Currencies for MT4 and MT5: South African Rand (ZAR), Nigerian Naira (NGN), Malaysian Ringgit (MYR), Tanzanian Shilling (TZS), Kazakhstani Tenge (KZT).
Cryptocurrencies for MT5: MilliBitcoin (MBT), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), Binance Coin (BNB), Cardano (ADA).
Cryptocurrency for MT4: MilliBitcoin (MBT).

Current promotions:

101% drawdown bonus will double your trading budget when things go wrong.
A 300% deposit bonus will give you up to $5000 extra funding to secure margins.
Get a cashback in real money up to $20 per lot weekly.
With stop-out insurance (for MT4 accounts) you'll get 50% back in case of losses!


No need to lose money on conversion, open an account in a currency that suits you and use the functionality to the maximum.

Customize your trading - your choice, your profit!

TRADING SIGNALS: OCTOBER INFLATION IN THE US

Dear clients,

A closely watched US inflation report may help solve one of the most pressing questions among traders: whether the market has correctly identified the short-term trajectory of interest rates.

What to expect this month, let's learn from our expert:

The University of Michigan reported an increase in inflation expectations of the population, which does not allow us to count on a rapid decline in inflation. This situation is positive for the dollar, as the US Federal Reserve will think about raising interest rates at the December meeting. On Tuesday it is preferable to open Sell GBPUSD, #NQ100, XAUUSD positions.

Any economic events can be monitored directly with the MT5 terminal. Date and time, priority, forecasts and actual values: all the necessary data in one place and in front of your eyes!

WEEKLY OUTLOOK: GOLD, SILVER, NATURAL GAS

Dear clients,

Natural gas is volatile in a way more than one, as winter is approaching. Meanwhile, gold and silver, well, they never truly left. This time, we'll be looking at these 3 instruments, their positions and movements.

Join us on November 15 at 12:00 GMT.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

If you missed the previous webinars, you can always find them here.

 

[Fresh Forex]

HOW TO TRADE CHART PATTERNS IN THE FOREX MARKET

Dear Traders,

What are the 5 most important chart patterns to focus on in the Forex market?

We invite everyone to explore this topic no matter your level of experience.

Join us on November 22 at 12:00 GMT for a weekly webinar.

During webinars, FreshForex analyst will answer your questions regarding the market situation and comment on the latest news.

If you missed the previous webinars, you can always find them here.

 

[Fresh Forex]

INCOME UP TO 123% WITH U.S. TECH GIANTS

Dear Investors,

Shares of the largest U.S. companies are once again rising, highlighting the undeniable power of the American economy.

The triumph belongs to the automaker Tesla, with a 123% increase in share value since the beginning of the year. Founded by Elon Musk, the company is a leader in electric cars and autopilot technologies. The growing demand for electric vehicles and the potential for the development of autonomous vehicles contribute to the increasing interest of investors in this company.

Apple's shares are once again heading towards the $200 per share mark. Over 11 months, there has been a growth of 52%. Under the leadership of the brilliant Tim Cook, the company has once again proven its unparalleled strength in the world of innovation with products such as the iPhone, iPad, and Mac.

Internet giant Amazon, created by Jeff Bezos and becoming one of the most capitalized companies in the world, continues its ascent - up 67% since the beginning of the year. The company continues its expansion, acquiring new customers and launching impressive innovations in online commerce and cloud technology services.

Shares of the technology giant Microsoft are irresistibly reaching new heights, providing investors with a 55% increase. Under the leadership of Satya Nadella, the corporation continues to amaze investors with its stability and innovative solutions, making its shares another bright candidate for successful investments.

The growing value of shares in Apple, Amazon, Tesla, and Microsoft makes investments even simpler and more attractive. So, what are you waiting for? Replenish your account, add 300% to your account for margin security, choose a stock, and trade with FreshForex!

Become a shareholder and earn!

Your Trusted Broker,

FreshForex

 

[Fresh Forex]

THE WAY TO UNLIMITED CRYPTOCURRENCY GROWTH IS OPEN!​

SEC Chairman Gary Gensler, in a personal announcement on the Commission's website, revealed the approval of 11 applications for the creation of exchange-traded funds (ETFs) based on Bitcoin. Trading of these new investment products is now permitted on major stock exchanges such as the New York Stock Exchange (NYSE), NASDAQ, and the Chicago Board Options Exchange (CBOE).

At the opening of the American trading session, the aggregate trading volume of shares from the 11 spot ETFs exceeded $1 billion within the first 30 minutes, as reported by ETF market analyst James Seifert at Bloomberg. Simultaneously, the price of Bitcoin reached $49,000 for the first time since 2022.

The SEC's decision sparked excitement in the crypto industry, with numerous expert forecasts about Bitcoin's future. Many analysts, including Standard Chartered (LON:STAN), expressed optimistic predictions that the BTCUSD price will reach $200,000. Former BitMEX CEO Arthur Hayes stated that by 2026, the price of Bitcoin could range from $750,000 to $1 million.

Undoubtedly, the price of the leading cryptocurrency, Bitcoin, will have an impact on the entire crypto market. Therefore, now is the best time to invest in digital assets.

Exclusive offer: Only with us, trading accounts in 7 cryptocurrencies and over 70 crypto pairs with a leverage of 1:100 for 24/7 trading. Deposit in crypto now and receive an additional +10% on your balance!

 

[Fresh Forex]

WHAT DRIVES PROFITS FOR FRESHFOREX CLIENTS?​

Global stock markets have experienced an exceptionally strong year since 2019, thanks to a two-month rally. Investors bet on major central banks halting interest rate hikes and swiftly lowering them in the coming year, contributing to market growth.

The US S&P 500 index (#SP500) has risen by 14% since October and by 24% overall for the year, nearly reaching an all-time historical record on the last trading day of the year. The NASDAQ Technology Index (#NQ100) posted its best performance in two decades, increasing by 43% in 2023. In contrast, the London Financial Times Stock Exchange Index (#FTSE100) lagged behind US and European markets, growing by less than 4% in 2023.

This positive trend in the US stock market is a crucial signal for investors and the economy at large. Index growth reflects investor confidence in the prospects of the American economy, demonstrating the strength and resilience of US companies in the current market conditions.

Shares of a small number of major technology companies accounted for a significant portion of Wall Street's profits this year. The rally was mainly driven by the success of the so-called "the Magnificent Seven" - Apple, Microsoft, Alphabet, Amazon, Tesla, Meta (formerly Facebook), and Nvidia. All of them are available in our trading terminal!

Positive data on stocks and indices set a positive trend for FreshForex clients' profits in 2024, as evidenced by the successful start of many of our traders in January
And you can start earning right now! Trade the most popular stocks and indices with us, with leverage up to 1:1000!

Invest in stock markets​

 

[Fresh Forex]

WILL SOLANA TOKEN BECOME THE FOURTH LARGEST BY MARKET CAPITALIZATION?​

Solana is a public blockchain and a direct competitor to Ethereum. Solana stands out for its use of a unique fast blockchain synchronization algorithm called Proof of History (PoH). Due to a significant acceleration of the network, SOL's popularity has surged rapidly.


On January 26th, for the first time in a month, Solana registered over a million active users, surpassing the number of daily active users on the Bitcoin network. Furthermore, Solana continues to maintain a dominant position in intra-network transactions, with a daily volume of 26.9 million on January 26th, significantly outpacing all other networks.


FreshForex analysts note that the Solana token currently holds the fifth position by market capitalization, trailing only BinanceCoin (BNB), Tether (USDT), Ethereum (ETH), and Bitcoin (BTC). Riding the current hype wave, Solana (SOL) has a good chance of moving up to the fourth position. Hence, an increasing number of traders are likely to trust the coin and invest in this asset.

In 2023, the SOL/USD crypto pair grew by over 1000%. In January 2024, a FreshForex client closed SOLUSD trades, bringing a total profit of $38,752. You can start making a profit now by trading with a reliable broker - FreshForex!

SOLUSD and 70 other crypto pairs with leverage up to 1:100 are available for trading 24/7, including weekends! Deposit cryptocurrency now, and we'll add up to 10% to your balance!

Invest in crypto​

 

[Fresh Forex]

20% PROFIT IN ONE DAY ON META PLATFORMS!

Meta Platforms (formerly Facebook Inc.), a corporation that brings together globally renowned services like Facebook, Instagram, WhatsApp, and more, has made history with the largest single-day stock surge.

On Friday, the company's stocks soared by 20%, reaching a historic high of $485. This signifies an incredible increase in market value by $197 billion — the largest one-day growth in history, surpassing even giants like Apple and Amazon.

Reminder: Meta is one of the most expensive companies globally and is considered one of the "Big Five" in the US information technology sector, alongside Amazon, Alphabet (owns Google), Apple, and Microsoft.

Let's break down the key success points:

Meta's sales in the fourth quarter of 2023 grew by 25%, generating a total revenue of $40.1 billion with a net profit of $14 billion.
Meta introduced dividends for the first time, offering $0.50 per share, starting from March 26.
The corporation increased the scale of its share buyback program to $50 billion, boosting investor confidence.
Investments in artificial intelligence to enhance targeted advertising efficiency were chosen as the company's long-term strategy.
Market analysts applaud Meta, citing "growth acceleration" and "improved capital structure efficiency" as key success factors.
With the extensive base of 3.19 billion daily active users in the corporation's products remaining a reliable foundation for growing advertising revenues, FreshForex analysts believe that Meta's revenues in the current quarter will again exceed forecasts, serving as a driver for continued price growth.

The entire technology industry is confidently advancing, with Meta's competitors like Microsoft, Amazon, Apple, and Alphabet (Google) also demonstrating high financial performance. Shares of these companies and many others are available for trading in our company.

Join the world of big money and trade the best securities with a leverage of 1:20.

Become a shareholder​

 

[Fresh Forex]

EXCEEDING $50,000 ONCE MORE, WILL BITCOIN REACH THE $70,000 MARK?



Bitcoin, the world's first and most valuable cryptocurrency, continues to attract global investors and traders due to its uniqueness, growth potential, and its ability to influence other cryptocurrencies.



The total amount invested in bitcoins surpassed $1tn this week for the first time since November 2021, fueled by inflows into U.S. ETF funds directly trading bitcoins, which continue to support prices.

The cryptocurrency reached a record high of $69,000 in November 2021. Will it surpass this milestone in 2024?

As of February 14, 2024, the price of the leading cryptocurrency has already exceeded $52,000! Most analysts believe that the bullish trend for BTC will persist in 2024. We previously highlighted this in our news article "The Way to Unlimited Cryptocurrency Growth is Open" on January 12.


Many traders are wondering if they missed the opportunity to buy Bitcoin. Crypto market experts assert that Bitcoin remains a profitable purchase, predicting an upcoming remarkable bull rally.

Don't miss out on the opportunity! Trade BTCUSD and other crypto pairs 24/7. Deposit crypto now and receive a +10% bonus on your balance until February 29, 2024!

Invest in crypto​

 

[Fresh Forex]

BITCOIN CONFIDENTLY BREAKS $60,000

Today, Bitcoin is not just the first cryptocurrency but a true digital gold with a market capitalization of over $1.20 trillion. This investment volume is comparable to the market capitalization of Meta Platforms Inc. (formerly Facebook) on the NASDAQ stock exchange.

Only 2 months into the year, the BTCUSD exchange rate has grown by more than 50%! In just the last week, the cryptocurrency has added 25% to its value, reaching a new milestone of $64,000 without retracements.



On January 12, 2024, we published the news "The path to limitless cryptocurrency growth is open!" about the approval of 11 applications for creating exchange-traded Bitcoin funds. By February 28, the trading volume of Bitcoin ETFs reached $7.69 billion! The influx of funds into Bitcoin is simply colossal; BlackRock alone increased its balance to 151,536 BTC for its spot BTC-ETF.

The overall market capitalization of the crypto market grew by 12% in the last week. There is active discussion in the network about the imminent approval of a spot ETF for Ethereum (ETH). Need we mention what might happen to its price? The price of Bitcoin is a vivid example. The excitement around crypto assets is only growing, the media actively fuels investor interest, and companies and funds continue to increase their investments.

FreshForex analysts have twice talked about the inevitable growth of cryptocurrencies, and new records are expected ahead. Don't miss the chance – earn with us!

At FreshForex, we offer trading accounts in 7 cryptocurrencies and over 70 crypto pairs with leverage of 1:100 for 24/7 trading.

And get a 10% bonus on your balance for the first cryptocurrency deposit!

I want to become a crypto investor​

 

[Fresh Forex]

Gold Hits Historical Record!

Gold is a precious metal classified as a protective asset. Traders commonly use gold for portfolio diversification and as a "safe haven" during economic downturns. In the long term, gold exhibits a steady upward trend and is suitable for investments with a horizon of 5-7 years or more. Simultaneously, due to its relatively high volatility, gold is also suitable for successful intraday speculative trading.

In January, global central banks doubled their gold purchases for their reserves. The Central Bank of Turkey and the People's Bank of China emerged as leading buyers. The demand for this precious metal from central banks may be a decisive factor in supporting prices in 2024.

On Wednesday, March 6, the XAUUSD price reached a new historical maximum of $2,149 per ounce. In just the last five trading sessions, gold has risen by over $100! The current forecast indicates a price movement towards $2,255 and beyond. Similar to Bitcoin, we predicted this growth in the news article "FreshForex Gold Alert" from November 21, 2023.


The increase in gold prices is also attributed to the interest of private investors and institutional funds in gold as a safe-haven asset for risk hedging. It is expected that this trend will continue in the coming years, making gold a very reliable investment.

Investing in gold is a time-tested possibility to earn in the market. Don't miss the chance to increase your capital with this noble metal!

Buy Gold​

ответить

 

[Fresh Forex]

HOW FRESHFOREX TRADERS PROFIT FROM THE DEPARTING WINTER?​

Since the beginning of January 2024, the price of natural gas (#GAS) has been steadily following a bearish trend, nearly halving from $3.3 to $1.7!
FreshForex analysts continue to adhere to a short position strategy, and here are several factors influencing the current situation:

• Decrease in gas demand during mild weather,
• Concerns about excess supply, as the reduction in gas production by companies Chesapeake and EQT and the decrease in gas reserves by 9 billion cubic feet have not yet triggered a market reaction,
• Reduction in the gas consumption forecast in the US for 2024, announced by the Department of Energy,
• Pause by the Biden administration in implementing new gas projects to expand LNG production in the US.

Have price lows been reached, and is it time to buy, or will the #GAS contract continue to decrease in value?
Since the total gas reserves are 37% above the five-year average and 14% exceed the previous five-year maximum, experts believe that the situation may only change by summer when reserves approach normal levels.
However, a sharp price change may occur suddenly in the case of extreme heat or other unexpected circumstances that contribute to increased demand.
Keep an eye on the market and ignite your #GAS trades with FreshForex under the most favorable conditions - spreads from $1.51 and margin as low as $0.69 for a minimum trade of 0.01 lot!

Trade gas contracts!​

 

[Fresh Forex]

JAPAN'S NIKKEI INDEX HITS HISTORIC HIGH!

The Nikkei 225 - Japan's key stock index comprising 225 companies from the Land of the Rising Sun listed on the Tokyo Stock Exchange. It is calculated as the arithmetic mean of their values. The index was introduced in 1950 and named after the newspaper that first applied such a calculation methodology to the Japanese stock market.






The Tokyo Stock Exchange (TSE) is one of the largest in the world, with over 2,000 companies represented, including brands known to everyone - Toyota, Sony, Mitsubishi, Nintendo, SoftBank, and many others. In terms of market capitalization, TSE is second only to the New York Stock Exchange.

The historic peak of #NIKKEI was reached on December 29, 1989, when the index rose to 38,957 points during the day's trading. And now, for the first time in 34 years, in our days, #NIKKEI has exceeded the 40,000-point mark.

FreshForex analysts point to the following factors driving the growth of the Japanese stock market in 2024:

• Strengthening of technology company stocks and reports of high corporate earnings,
• Investor optimism amid billionaire Warren Buffett's investment in major Japanese companies (Berkshire Hathaway holding),
• Exporter stocks supported by a weakening yen, increasing their profits in the national currency,
• Rising inflation to 2.8% - a radical change compared to the deflation of previous years when constant price declines negatively affected company profits.

Thanks to these factors, traders worldwide see increasing opportunities in the Japanese market.

In 2023, the Nikkei 225 gained 29%, marking the highest annual growth in a decade. And since the beginning of the current year, it has added another 22%, making the contract extremely attractive for investment.

Evaluate the potential of the #NIKKEI contract alongside successful traders on our trading platform!


Invest in Japan​

 

[Fresh Forex]

BLACK GOLD CONTINUES ITS RISE!

​

Oil prices are rapidly increasing at the beginning of the week, driven by a number of factors: geopolitical conflict threats, prospects of production cuts from OPEC+ members, and the depreciation of the dollar.


As of today, Brent crude oil has reached a price of $86 per barrel!




OPEC+ reaffirms its position on limiting oil production and sees no need for changes, reports Bloomberg, citing several informed sources. On April 3, the alliance will hold an online meeting to assess the progress of the latest production agreements, which are set to run until the end of June.

According to commodities analyst Giovanni Staunovo from UBS Group AG, the rise in oil prices is attributed to positive data from China, including refinery activity levels and increased oil demand. According to Chinese authorities, crude oil processing volumes in January and February reached a historic high of 118.76 million tons, exceeding last year's figure by 3%.

Goldman Sachs analysts predict an increase in commodity prices this year, based on central bank rate cuts worldwide. This forecast is supported by other market participants such as Macquarie Group and Carlyle Group.

FreshForex traders agree with the above factors: about 64% of positions are opened for long trades!Start earning too, trade with us!

Trade Oil​

 

[Fresh Forex]

GOLD HAS ALREADY HIT RECORDS, NOW IT'S COPPER'S TIME​

According to the CME Group, demand for copper futures contracts continues to grow steadily, and institutional funds continue to increase their volumes.

As a result, since the beginning of the year, copper has risen by almost 10%, and the price of the CUCUSD contract confidently reached a 14-month high.

Key growth factors include:

• Increased demand for the metal due to the transition to "green" energy. Solar or wind power stations, electric vehicles, any form of renewable energy - they all require copper because if you need to electrify something, conduct electricity, you need copper.
• Supply reduction risk. On April 3, Canadian mining company Ivanhoe Mines reported a quarterly production decrease of 6.5% at the Kamoa-Kakula mining complex in the Democratic Republic of Congo. In addition, drought in Zambia threatens the planned expansion of the country's mining industry. This leads to supply shortages and further price increases. Goldman Sachs predicts a copper deficit of over 500,000 tons in 2024.
• Expected reduction in the Fed rate. The rise in CUCUSD increased after statements by Federal Reserve Chairman Jerome Powell regarding the key rate. He stated that despite higher-than-expected inflation data, the overall situation remains unchanged and a rate cut will be necessary "at some point this year."

According to CNBC analysts' forecasts, by 2025, copper prices could rise by more than 75% and reach new historical highs. FreshForex analysts make more modest forecasts but also expect an upward trend in CUCUSD as a more likely scenario, especially in the case of an improvement in the global economy.

Trade copper with us, on the most advanced trading platform and with comfortable trading conditions!

Trade copper!​

 

[Fresh Forex]

S&P 500 INDEX CONTINUES TO RISE - UP 9% SINCE THE BEGINNING OF THE YEAR!​

S&P 500, the key stock index comprising shares of the 500 largest publicly traded companies in the US, showed a growth of 23% in 2023, and has already added 9% since the beginning of this year, as can be clearly seen on the chart:
FreshForex analysts have highlighted the following growth factors:

• Stable economic growth in the US and significant corporate earnings.
• Shares of the "Fabulous Seven" (companies strongly influencing the index such as #Apple, #Amazon, #Google, #Meta(Facebook), #Microsoft, #Nvidia, and #Tesla) are rising due to the implementation of artificial intelligence. The "Fabulous Seven" are still available for trading on our platform and represent an interesting idea for long-term investments. The Fed has again confirmed its readiness for three interest rate cuts, supporting growth in the American stock markets. Investors are eagerly awaiting new signals about the dynamics of interest rates in the US.
• Last month, analysts at HSBC and BofA Global Research forecasted that by the end of 2024, the index would reach 5400, while Oppenheimer estimated it at 5500.
• And yesterday, Wells Fargo, one of the largest financial companies in the US, forecasted that the #SP500 index will rise to 5535 points by the end of this year. This is the highest forecast among all brokerage firms on Wall Street.

Thus, investors around the world seem to be ignoring the possibility that stock valuations have risen too high against the backdrop of the overall market rally, providing even more opportunities for growth. At the same time, professionals will be monitoring whether Wall Street giants can justify the huge rise in stock prices seen over the past three months.

Trade popular stock indices with maximum benefits at FreshForex - with leverage of 1:1000 and tight spreads!

Trade indices​

 

[Fresh Forex]

BRIGHT SHINE OF GOLD ABOVE NEW PEAKS

​

On April 12, gold once again set a record, surpassing the $2400 per ounce mark. Since the beginning of the year, XAUUSD has already risen by +15%, which currently outpaces the US stock market nearly threefold (Nasdaq 100 and S&P 500 are currently showing growth of around 6%).

Against the backdrop of this historical surge, experts predict further price hikes for the precious metal, confidently stating the possibility of reaching $3000 per ounce.



FreshForex analysts have repeatedly forecasted such growth since November 2023. We believe that gold continues to be a profitable investment, supported by several factors:

• Geopolitical risk and economic uncertainty. Last year, gold prices increased by more than 19%, and according to analysts, there is still room for growth in this rally. Conflicts in the Middle East and other hotspots around the world increase the premium for geopolitical risk, maintaining interest in gold.
• Forecasts from major financial institutions' analysts. Bank of America and Citigroup are optimistic about gold's future, predicting its rise to $3000 per ounce in the coming years. Goldman Sachs has raised its gold price forecast to $2700 per ounce, and UBS expects it to reach $2500 by the end of 2024. Analysts believe that increased investor inflows, expectations of US Federal Reserve interest rate cuts, and active purchases by major central banks and consumers in China will support this growth.
• Investors view gold as a hedge against inflation and economic uncertainty.Demand for the precious metal strengthens during periods of declining confidence in risky assets such as currency, stocks, and bonds, and it is forecasted that this trend will continue, pushing gold prices to new heights.

Thus, confidence in gold remains unshaken, giving the green light for new investment flows and trading ideas. Our traders have assessed market sentiment and actively use the XAUUSD trading pair in their strategies.

Trade precious metals with leverage up to 1:1000 and narrow spreads with FreshForex to maximize your profits!

Invest in gold​