gold market now have some confusing, if we want to see the chart of trading is still indicate bullish pattern. the price should be touching 1800 in the short time. and currently it seems hard to break that price.
gold market now have some confusing, if we want to see the chart of trading is still indicate bullish pattern. the price should be touching 1800 in the short time. and currently it seems hard to break that price.
I am fan of gold trading and this is what makes for me insta-forex most attractive broker because not many other brokers allow gold trading at least to those who have cents accounts. Yeah gold is hot cake .. go long book short term profit or remain for long for certainity to close your trade in profit but remember to remain long term be with low leverage.
Do you have a winning strategies on Gold. Please give me some advice I want to trade gold in my instaforex cent account.Originally Posted by yogesh
I have the right broker but not the right strategies.
Beauty of gold is - fast and wide movement. Better you watch that gold price move around 20-40$ daily and you shall notice that it moves on same levels several times. Just watch an hour get the idea start trading as little as .1 cents lots and if you go in loss when you are in loss of 30-40 cents enter in another trade and repeat it until some of your trade give profit if profit you feel is enough like 30 to 40 pips close it if prices goes further up and you get nother trade in profit close that too and repeat it if prices comes down further you buy it again .. each time keep on checking your booked profit - loss on open positions is aroun 10% of your capital if it is so close all trades instanlty and you got 10% profit .. yeh if you dont succeed you can leave your trades open for next day. Better do it your self and you shall understand it.
Remember the above is not risk free market is unpredictable a big fall like breaking major support may change the scenario and low leverage will help you in that case. Hope i could help you a little.
many times i heard about this any one have strong reasons why gold falls
as we know most of the developing and developed nations are accumulating gold like india
Every one is confident that $2000 level is not far away and market is not going to take long to rerach this level, in the mean time when we are getting this at attractive level of around 1700 why not go long with low leverage and make good returns.
Gold Has been the hot Cake eversince its intoduction to the forex market. But keep it in mind that sometimes its too hot to handle, making it a difficult option.
ccGold is the first choice for traders around the world and even many countries and buying gold heavily. Most of the countries are replacing their foreign reserves from USD to gold it is the major reason of gold prices rise.
I agree! gold remain positive even in bad conditions - as due to unstability and to preserve their capital when their own currency is depreciated investors find it safe to invest it gold. And in good times too it remain preferred investment as it has given very good returns over the period.
at prsent gold has decreased and i think gold at any time in future again touch 1900 mark but cant say when.so many people trade gold and it is a good source of income for them to gain profits
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