#TradFiCFDGoldMasters

7 Days Left in the CFD Gold Master Competition - Independence Day Weekend is Delivering the Best Trading Conditions of the Entire Campaign

I want to quickly explain how current market events today make July 4th the optimal time for every CFD trader competing in this campaign.

Today, July 4th, is a US Holiday and US markets are closed, but every CFD instrument listed on Gate is active as ever. Gold has already climbed by more than 2% after the disappointing US Non-Farm Payrolls report. Oil has held below $70 per barrel and is down by 40% compared to its high during the Iranian crisis. US Dollar Index (DXY) fell 40 points this week and Bitcoin crossed above $62,000, while Ether experienced a spike of 8% to $1,731. To cap off a remarkable weekend, the Brazil vs Norway Round of 16 World Cup match at MetLife Stadium is scheduled for tomorrow and has created immense volatility across the Forex markets. We've also seen Argentina beat Cape Verde and Colombia advance to the quarter-finals this week.

The fact that gold is appreciating alongside the US Dollar's decline while oil is remaining relatively flat is generating some very interesting trade setups across the metals and commodities sectors simultaneously. The US is on holiday, but traders can take advantage of the fact that Asian and European markets remain open and are also reacting to the weakened dollar caused by the weak Non-Farm Payrolls data. FX pairs that include the USD are also moving strongly based on very real economic catalysts, and the World Cup is stirring considerable sentiment in the community prediction markets, leading to increased cross-platform trading activity.

The Gold Master Competition officially ends on July 11, just one week from now, and the gold draws happen hourly around the clock without any breaks. The top players also stand to win a 5-gram gold prize in our exclusive VIP5+ daily draws. Since gold has increased by 2% this week alone, the hourly gold reward we're offering is worth more today than it was when the competition began on June 11.

This competition also features two simultaneous leaderboards for volume and profit rate, ensuring that both aggressive traders and precise traders can compete and vie for the 500,000 USDT prize pool. Historically, the leaderboard activity has decreased over the holiday weekends while markets continue to trade, so your volume traded today and tomorrow will count more in the competition compared to any other weekday.

Just 7 days left! Don’t miss your chance to grab hourly gold draws in a CFD market that never sleeps, even while US markets are closed for Independence Day.

First time using Gate CFD? Place your first trade and get a 200 USDT position voucher!

As gold rises by 2%, oil trades below $70, Brazil clashes with Norway tomorrow, and there are only 7 days remaining in the competition-which CFD market is producing the best setups for you this Independence Day weekend?

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