Can you share any Gold trading strategy?

[RainbowRain]

It's also important to always monitor the timing of important economic news releases, which greatly influence gold prices and can either sharply raise or sharply lower the price of this asset. Such news includes Federal Reserve interest rate decisions (FOMC), Non-Farm Payrolls, and inflation.

 

[sunar14]

I agree that gold is not only about entries, timing around big news is a huge part of the game. From my experience with hfm, even a simple strategy works much better on gold when I avoid random trades before FOMC, NFP, or CPI and wait for clean reaction after the release

 

[caribbean]

Watch the US Dollar Index (DXY) before you trade Gold. Usually, if the Dollar goes up, Gold goes down. They have an opposite relationship.

 

[RainbowRain]

It's also important to understand that gold is a highly volatile instrument, so to control risks, position sizes should be several times smaller than, for example, for major pairs, and stop-losses should be larger.