According to my personnal analysis, the gold will obviously go down,now it is a good chance to place a big order and that's what I am doing now.
piping!
piping!
OANDA Discussion 7,105 replies
Gold: Basic Trading discussion 83 replies
XAUUSD discussion 45 replies
Underground currencies discussion 4 replies
DislikedHi,
Im new to the forum but read posts for years. I currently trade gold and 3 pips is a good spread, be careful with Gold at the moment as in my opinion it could be ripe for a fall,albeit short termIgnored
DislikedXAUUSD is the best commodity / derivative to trade, because of it's distinct characteristics.Ignored
DislikedAnd what are these distinct characteristics? Actually, I find gold to be one of the most difficult instruments to trade, it's so speculative in nature and is influenced by so many factors that it's almost impossible to predict it using the traditional fundamental and technical methods.Ignored
DislikedToday's pullback till 1325 provided another good entry point for longs with target being 1400 area which is the 161.8 fibonacci extension on the monthly charts.
DYODD b4 trading.Ignored