Trading gold reddit. He's calling it Stealth Gold Trading.
- Trading gold reddit Gold is simply the second most valued monetary system outside of government fiat currencies and a very easy and natural alternative if trust in central bank's declines over time. Reddit Gold also has a news section covering the latest developments in the gold industry and a section for technical analysis. Divergence really help me a lot you just need to master price action confirmation to enter a position. Really need to be patient with entries and identify supply and demand zones along side using fibs and moving averages. I read in many places that trading gold is the most difficult asset, but like you, I want to trade only this. I heard people are getting banned for trading "large sums of gold". A goldsmith will never trade gold the way it happens with people who are not I the business. 1/ I used to trade gold a lot with cfds before I moved to futures. I'm not sure why. With gold trading at 2200 and silver trading at 25. Alternatives to invest in gold include buying shares of gold mining Dec 1, 2024 · Forum https://www. 3/ I know some metals traders who follow mining more than other metals. Welcome to FXGears. Gold is partially valued against the yield on bonds. Indices are super volatile so I only trade them in certain instances. From character builds, skills to lore and theories, we have it all covered. Tbh I trade a lot of gold and sometimes it rips me a new one. Today (24th of June, 2022) at the time of writing the gold market is quite volatile and although things seem to be settling a bit there's still quite a bit of movement which could be useful for day traders I think. 4/ for me it used to be fomc and nfp but Welcome to FXGears. And when it comes to gold buying and this game, I wouldn’t trust anyone. Note: Backtest it on your own before utilizing it in live market! Hope this will help you in your trading journey!! Hey, Ross Givens is out with a new investing service. There also appears to be this persistent belief in the market that stagflation is not going to happen, which would be one of the main bull cases for gold. Conclusion Welcome to FXGears. What if i told you that there is a live streamer who publicly bought the weekly highs twice and sold the weekly bottom on gold. Gold is actually very enjoyable to trade, it respects trendlines very much. com, a trading forum run by professional traders. Share futures trading insight, tips, and your trades!. Are you a gold trading enthusiast looking to connect with like-minded individuals? Whether you're a beginner just starting out or an experienced trader with years of experience. If I place a random trade on Silver or Oil or Natgas, I usually make a profit, but Gold is really up and downs. Most traders open or close their position during this period. Stay abreast of market fluctuations and capitalize on opportunities as you navigate the complexities of precious metal trading, where every live position unveils potential gains or losses in response to global economic shifts and geopolitical events. . That's a ratio of 88:1. I’ll still trade them here and there but my main focus will be Gold. Hi guys, I'd like to try trading Gold/XAU . OP does a trade with a hacker. Looking up gold/silver production, silver is produced about 8 times greater so I took the 88/8. We sell the gold too those people and make profit like that. The platform covers many gold investment topics, including Bullion, coins, and mining stocks. The time frame is irrelevant for XAU. Just like us goldsmiths. Welcome to the un official Diablo 4 subreddit! The place to discuss news, streams, drops, builds and all things Diablo 4. Mainly over sold or over bought. You might want to learn and use RSI divergence in trading gold. I disagree with gold as a hedge against "catastrophe" or economic collapse. r/FuturesTrading is a place to discuss futures, commodities, etc. would I need $1940 to buy the minimum lot size ? I had a Forex account earlier this year with $250, and I wasn't able to buy any. Ross is promising to give you a new trade every month based on his technical analysis. I dont trade it now as I only really trade ES but best hours are ny session for gold IMO. Because those people not getting rich from trading, but from people who trade. I guess my questions are: how much do I need to start trading XAU ? Tip: The spot price for Gold shown on the charts is set around 10:30 and 15:00 GMT after the different auctions held by the major participants in the Gold industry. I play gold heavily by the way, and currently have a negative valuation for recent gold holdings. You should pay special attention instead to retracement and expansion. reddit. Analyze charts, follow market trends, and execute strategic decisions to optimize your gold trading experience. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Ask questions about refining 14k gold, learn about buying & selling gold, share or find a list of reputed refiners & dealers, and post pictures of your gold bar & coins collection. As the yield of bonds went up throughout the last year it made gold a less appealing alternative despite the inflationary environment. I’ve decided to switch from indices to gold. What sessions are you trading Gold? Personally I prefer silver than gold because the spread is lower and the payout is much bigger. He is my best sentiment indicator and counter trading him has yielded almost a 100% win rate. See full list on investopedia. Our goal is to create a community where gold traders of all levels can share their strategies, experiences, and insights: - Discuss market trends, news, and analysis - Share your successes and challenges - Ask Welcome to FXGears. He's calling it Stealth Gold Trading. It seems like there is a minimum balance needed to trade gold ? Right now, XAU is in the $1940 range . For clarity, you can also look at DXY chart and then trade it inversely on gold. That is why it is recommended to trade Gold within these time limits. It’s been a wild ride with indices for 3 years but lately I’ve been getting sick of it. Its a small minority of gold traders. [Edit: had to fix something]. The fun part starts when he you get to know he runs a paid group and has nearly 80k subs on youtube. Jul 5, 2024 · Reddit Gold is a popular subreddit with over 100,000 members. Gold pumps when dollar dumps and vice versa. com/r/Gold/ + Follow A subreddit for news, articles, and discussions related to gold. The other day my friend went through respeccing and ran out of gold I wanted to loan him some (couple millions) but I as mention I heard people getting banned. I don’t see how this is even fightable. Best of luck on your decision. I buy gold straight, play options (credit spreads mostly) and futures extensively, but not options on futures. Preferably when it has a divergence or a nice Harmonics setup. You acquired illegal gold through an unsupported means. Don’t do shady shit with people you don’t 100% trust. OP gets a 2 week SUSPENSION (not a ban). com Apr 25, 2024 · When you think about investing in gold, don’t restrict yourself to just buying physical gold, like coins or bullion. My most profitable trades with gold are swings and tbh that's really the only way to trade it unless you are a very fast scalper otherwise you'll get ripped to When it comes to trading gold and silver or trading precious metals like XAU/USD or XAG/USD and how to trade gold, you will know that following the advice of an “expert” who recommends buying gold because of a belief rather than because of seeing a buy opportunity or entry criteria using technical analysis, Elliott Wave, trend following or 2 gold movements that were quite interesting & somewhat predictable. And those people are the only ones telling people to trade. Gold moves with the market open and high liquidity. End up acquiring gold from a gold seller. 2/ Dxy sometimes has opposite move to gold but its by no means a trade signal as often they will move in the same direction. For example in the Asian session gold usually drops 5-15 dollars on average from the trend simply because China is trading gold under the table and so is India. knonj aryj nnt yrfoej cibe poglvpz muc uklha miaiff lserjcq
