CliveCampbell posted: to be honest I've never traded on gold. Reading your post guys I decided to take a look on the daily chart and think I found a good time for a long position. What do you think?
Trading gold is always a good option for the traders who have time, as for me this instrument should only be traded long term ( this is my opinion and I know a lot of you will probably disagree with me, but I have my reasons to think like this).
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.
Sorry! We don't do any tests on your browser, if you want to explore a full usability of out application, please use the last version of "Google Chrome".