Share your Gold trading strategy.

[Elijah_0]

Gold has always been my favorite trading strategy but the indicators I am using are less productive to generate signals. What’s your strategy for gold trading?

 

[sunar14]

Gold has always been my favorite trading strategy but the indicators I am using are less productive to generate signals. What’s your strategy for gold trading?

Basically I trade gold in this way: I watch how things evolve with US economy (economic indicators, elections, fiscal policy) and assess its impact on expectations of real interest rate, to which Gold is inversely related. When I see that Gold lags behind or is ahead of those fundamentals it presents an opportunity to me. I avoid scalping on Gold because its volatility quickly kills profit and is more unpredictable than in currencies.

 

[Ricky Rk]

I mostly focus on technical analysis and consider where the indicators are directing me!

 

[Aaron_0]

Gold is a fast-moving pair and that’s why I love trading in this pair and as strategy, I use moving average, RSI and trendlines.

 

[sunar14]

Gold has always been my favorite trading strategy but the indicators I am using are less productive to generate signals. What’s your strategy for gold trading?

I mostly do scalping on Gold because it displays high level of volatility and quite sensitive to uncertainty. You either invest and hold this asset long-term or trade breakouts or pullbacks which associate with increased momentum in price movement.