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Gold Trading

Dec 01, 2016 at 07:25
2,981 Views
89 Replies
Member Since Nov 13, 2015   35 posts
Jan 26, 2017 at 17:04
RSI, Momentum and MACD are in unison with the daily chart showing bearish sentiment. It seems to me bears will prevail this week.
A knight's tale!
Member Since Feb 12, 2016   427 posts
Feb 01, 2017 at 07:31
AlGauthier posted:
TiffanyK posted:
Hello. I think the gold will go down soon. Tried sell @ 1214 s.l. 1220 tp 1200. Will see how it will work

This was a good decision looking at the downward movement towards 1180 currently. Not a bad profit you made I suppose 😄

Actually the SL hit the trade and there wasn’t any profit, good thing is that the SL was closer. This order was executed before the downward movement. Maybe I should have wait 1 more day 😁
Accept the loss as experience
Member Since Mar 14, 2016   44 posts
Feb 10, 2017 at 14:50
TiffanyK posted:
AlGauthier posted:
TiffanyK posted:
Hello. I think the gold will go down soon. Tried sell @ 1214 s.l. 1220 tp 1200. Will see how it will work

This was a good decision looking at the downward movement towards 1180 currently. Not a bad profit you made I suppose 😄

Actually the SL hit the trade and there wasn’t any profit, good thing is that the SL was closer. This order was executed before the downward movement. Maybe I should have wait 1 more day 😁

Patience is king in such situations but of course it depends on your risk tolerance. Even if you analysed well the market, it may still go against you in reality. Wishing you good luck in your next trades! 😄
Member Since Feb 12, 2016   427 posts
Feb 23, 2017 at 15:24
Yes this is true. I was waiting for the Gold to move in the opposite direction and this is why my TP was set bigger than the SL. But this is trading – you never know what will happen. Thank you and good luck to all!
Accept the loss as experience
Member Since Dec 27, 2016   16 posts
Feb 24, 2017 at 02:40
'Gold was trading at $1,235.10 per ounce but the fact is that the metals are keeping their ground. The strong performance of dollar also suggests that the underlying reason remains committed.'

Source: Gold News (https://www.funds-money.com/gold-prices-unchanged/)
mp28
forex_trader_387598
Member Since Dec 27, 2016   6 posts
Mar 22, 2017 at 07:12
Gold prices rose $ 4.91 an ounce on Monday to its highest level since March 3, as expectations for gradual rate hikes helped provide a bullish boost to the precious metal. The XAU / USD pair traded as high as $ 1235.45 after the market rose above the $ 1231 level, but some investors took advantage of this opportunity to take profits. As a result, prices fell back to the 1225 / 3.30 area.

bh61
forex_trader_387595
Member Since Dec 27, 2016   14 posts
Mar 23, 2017 at 07:35
Gold prices posted three-week highs on the morning of Wednesday's trading day in North America as investors are increasingly concerned that the Trump Administration is failing to deliver on its pro-growth pledges.
As for the Comex division of the New York Mercantile Exchange, gold traded at $ 1,247.95 per troy ounce, its highest since February 28. Finally, it stood at 1,247.95 USD at 14:55 (CET), advancing around 0.1% or 1.50 USD.
Member Since Apr 18, 2017   38 posts
Apr 28, 2017 at 10:54
Gold trading pair is one of the most volatile trading instrument in trading industry! I regularly use gold and silver in my live trading! Basically, I have a specific trading strategy that I use for only gold, this strategy is all about custom trading indicators, it provides me 70-75% monthly accuracy! Besides, I use high voltage news events for gold trading!
Member Since Dec 11, 2015   1487 posts
Apr 29, 2017 at 11:50
I think Gold may try to climb to 1270 - 1280 again next week.
Member Since Mar 30, 2017   7 posts
Apr 30, 2017 at 06:23
Please share the strategy
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