11:03 PM
If you want to trade gold in Forex, it is best to wait for the candlestick to close before entering or leaving the trade. Especially when the transaction is entered into. If you watch the last minutes of the candlestick, whether it is a 30-minute candlestick, a candlestick, or a candlestick of 4 hours, you will notice that the price of gold may change rapidly taking the opposite direction. Do not bet on the movement of gold over a certain period of time, because the results may be quite sudden.
As with any other trading instrument, there is no "optimal" way to trade gold. Many traders in other markets have noted that the technical trading strategies applied to other investment instruments are easily applicable in the gold market, especially because of the tendency of gold to form a strong trend.
For traders in the short term, the best way to profit from gold tranches is to cross the moving averages strategy. In this strategy, the trader seeks to buy gold if he crosses a short term moving average with a long term moving average and sells it if the same goes down. While long-term investors and traders can focus more on the fundamentals that drive the price of gold such as the level of real interest rates.
As with any other trading instrument, there is no "optimal" way to trade gold. Many traders in other markets have noted that the technical trading strategies applied to other investment instruments are easily applicable in the gold market, especially because of the tendency of gold to form a strong trend.
For traders in the short term, the best way to profit from gold tranches is to cross the moving averages strategy. In this strategy, the trader seeks to buy gold if he crosses a short term moving average with a long term moving average and sells it if the same goes down. While long-term investors and traders can focus more on the fundamentals that drive the price of gold such as the level of real interest rates.
When you're ready to trade the gold, you have to be careful. Do not underestimate the fact that gold is very volatile and fluctuates in both directions on a large scale. Pay attention to what is happening in the world, because it affects gold prices quickly. Gold can be used by linking it to a volatile currency or trading electronically because of its high flexibility. Or in jewelry making and retention. Unlike commodities, it is hard to predict what will affect it, so be prepared for a quick reaction. At the same time, do not forget that experts consider gold one of the best investment tools of the year.
Why Gold Trading?
Everyone has their own preferences when it comes to making a decision about trading options. When it comes to gold, the most common reasons why traders accept this market include:
Diversification
As mentioned above, experienced investors like institutions tend to diversify their portfolios in an effort to mitigate risks and improve the profitability of their investments. Gold trading is an excellent way to add more protection to trading portfolios, as gold prices are often negatively correlated with stock markets.
Hedging against inflation
While currencies lose value over time due to rising inflation, gold is considered inflation-resistant. Even during the global recession in 2008, gold prices were unaffected. In fact, between 2007 and 2008, gold prices rose by almost 4%.
Good store gold for value
About 95% of the world's gold is stored in jewelery or in alloy safes. The fact that the supply of gold is rising at a small annual rate compared to the amount of gold coins, it is no wonder that the price has been increasing steadily over the past five decades.
Why Gold Trading?
Everyone has their own preferences when it comes to making a decision about trading options. When it comes to gold, the most common reasons why traders accept this market include:
Diversification
As mentioned above, experienced investors like institutions tend to diversify their portfolios in an effort to mitigate risks and improve the profitability of their investments. Gold trading is an excellent way to add more protection to trading portfolios, as gold prices are often negatively correlated with stock markets.
Hedging against inflation
While currencies lose value over time due to rising inflation, gold is considered inflation-resistant. Even during the global recession in 2008, gold prices were unaffected. In fact, between 2007 and 2008, gold prices rose by almost 4%.
Good store gold for value
About 95% of the world's gold is stored in jewelery or in alloy safes. The fact that the supply of gold is rising at a small annual rate compared to the amount of gold coins, it is no wonder that the price has been increasing steadily over the past five decades.
0 التعليقات:
Post a Comment