GOLD!!!

This is my first ever post and I'm sorry if its in the wrong place.

I have been learning to trade for probably the past 6-8 months and have been motivated to keep learning. What I have been learning and reading about from recent sites and financial people is that gold was going to keep depreciating. Today the opposite has occurred and I'm going to assume the 'financial gurus' are going to come up with some excuses to why they where wrong.

My question is why do these people lead us in the wrong direction, what can they gain from our failure. The market doesn't pay them jack for telling us BS. I am still a firm believer in forex. I haven't really lost that much but stuff like this is irritating. WHY IS GOLD GOING UP?

The market makers use the news to lead traders down the wrong path. YES they do make money off of that. You take a sell position based on stupid news projection and they take a Buy position and suck up all your money.
End of story.

Happens all the time.

No one is right mate, They all were saying GOLD is going to go up towards 3500++, in 2011 when it was @ 1800+.. and Financial Stock Markets collapse predictions (2010,2011,2012... and so on) (check You Tube bro).. Nothing happens... No one knows whats happening... Just go with the flow..... At the moment Stocks are going up, Invest in them (Buy S&P500 in cash if it corrects 3-5% from here) Buy Gold when the trend Changes... Commodities are still in downward cycle... So avoid for few more months (or If you are a full time trader then keep on trading buy-sell (like crazy)) Good luck

I am new to Forex but know some stuff about Gold/Silver, they will go crazy (especially SILVER) when stocks bubble will burst....

I am waiting for Silver to come towards $10 (might be day dreaming) but anything is possible....

(My personal View) Final leg which will be something like drastic Falls in commodities are yet to be seen, Buy When You see Gold/Silver going down crazzyy in weeks/days and no one is interested in buyingg,...

I guess you have to take everything with a pinch of salt then.

and also add some pepper with salt.. haha... Just go with the flow (price flow) not where retail is goiing

'Trade the now, not the future' - Nial Fuller

kayz08 posted:
I guess you have to take everything with a pinch of salt then.

Trade with the flow like... now Eur/USD not showing much strength... so wait for the Fed minutes.. Any positive news for rate hike will take EUR/USD lower..

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'.

😭 Can't have a peaceful forum without advertising.

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

'Insider trading knowledge in the Gold market is infinitely helpful '

You guys do illegal stuff?

What LorraineP said....to the T 'news', tips, predictions are used to lure in the amateurs for slaughter, you can almost trade counter what some of the experts say.

kayz08 posted:
😭 Can't have a peaceful forum without advertising.

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

'Insider trading knowledge in the Gold market is infinitely helpful '

You guys do illegal stuff?

Innovative, unique to us, yes.
But not illegal. I won't detail it, but certainly within the boundaries of the law.

PM If interested in joining PAMM, although we carefully select which clients can join.

And as some are already stating here the news and so-called 'expert' advise is just a trap for amateurs.

There is one major factor that drives Gold more than anything: Fear. The rest is pretty self-explanatory. Universally, if traders sense instability, they flock to Gold, both Institutional and Retail that is.

The key to profiting on it, is knowing when that instability will drive sentiment to Gold. And THAT I won't reveal.

kayz08 posted:
😭 Can't have a peaceful forum without advertising.

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

'Insider trading knowledge in the Gold market is infinitely helpful '

You guys do illegal stuff?

Goodone.. best

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'.

Excuse me. Where you 'do so well on Gold' ? 2 months of martingale griding and now in trouble ? Yes it is very well doing. Continue.

pirate_joe posted:

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'.

Excuse me. Where you 'do so well on Gold' ? 2 months of martingale griding and now in trouble ? Yes it is very well doing. Continue.

You bet me to it. Current open trades have them -31%

Daily gyrations are of little importance for the long-term swing trader.

Why Silver is falling more than Gold???

Silver is almost at new lows 1% away.... Gold is still 5% up from recent lows 🙄