GOLD!!!

Aug 11, 2015 at 06:13
2,218 Views
30 Replies
Member Since Jul 13, 2015   32 posts
Aug 30, 2015 at 14:19
why may i ask?
I don't owe you pip, You don't owe me pip. Lets help each other.
Member Since Aug 04, 2015   124 posts
Sep 01, 2015 at 06:35
TRENTFX posted:
https://www.myfxbook.com/members/TRENTFX/10k-goldpower-tallinex-pamm/1320297

There is a reason why we do so well in Gold. See our graph.

More details can be PM'd.

I will end by saying this: 'Insider knowledge in the Gold market is infinitely helpful in trading'.

You are the best huh
To achieve 3-5% portfolio growth a month
Member Since Jun 05, 2014   35 posts
Sep 13, 2015 at 06:03
I don't recommend trading Gold if you are a new trader.
It's all in the mindset.
Member Since Mar 17, 2021   536 posts
Nov 26, 2021 at 18:49
RobSchiz posted:
marketshark382 posted:
I don't recommend trading Gold if you are a new trader.
I agree with you. trading gold is very risky if you don't have enough knowledge about this market.
Yes. Commodity market is very risky
Member Since Jul 23, 2020   759 posts
Dec 03, 2021 at 06:10
Gold has historically been the default store of value. Most people hold or trade gold for long-term hedges and other reasons.
Member Since Mar 24, 2020   98 posts
Dec 03, 2021 at 12:09
Trading Spot Gold XAUUSD is the same as trading any other pair in principle.

But each pair has its own characteristics,which you obviously have to learn.

Gold is no exception,being heavily dollar/news and fundamentally driven.

I trade Spot gold using Repeat Pattern recognition ,Technicals, whilst closely watching news releases throughout the day.

 
Not Specified
Member Since Jul 19, 2020   788 posts
Dec 04, 2021 at 16:13
Have an idea about market flow. Not all traders should trade gold.
Member Since Nov 23, 2021   24 posts
Dec 08, 2021 at 07:44
XAUUSD is a very volatile pair and moves a lot on global news and events. Always use proper money management and try to stay in the trend.
Member Since Oct 18, 2021   9 posts
Dec 08, 2021 at 11:51
The spreads are very large on gold as well so this is a difficult asset to make profit from
Member Since Jul 23, 2020   869 posts
Dec 08, 2021 at 20:45
If you are concerned about inflation or the devaluation of your country’s currency, you may want to add gold to your portfolio.
Member Since Oct 31, 2020   16 posts
Feb 03, 2022 at 15:04
Many times I heard that gold is one of the major protective assets. On one hand, it’s hard not to believe this because you know that gold is a precious metal. For ages it has been a true measure of value.
Now we observe quite weird things. On Forex gold is very volatile. In my understanding, protective assets shouldn’t be very volatile. It should be steady but we see that it’s very volatile and what makes things worse it’s subject to manipulation. Many times I saw how the Fed turned it upside and down. I think that cryptos seem more independent and gold is not gold any longer. It’s something different.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.