Suggest a gold trading strategy

R

ReggieFx

Member
#1
#1
Gold is a highly volatile trading pair and many of us prefer trading Gold to earn quick return. The market becomes more ferocious especially at the time of news. What’s your news trading strategy for Gold trading?
 
J

Jessie

Member
#2
#2
Use a trend-following strategy: buy gold when the price breaks above key resistance levels and sell when it falls below support. Combine this with technical indicators like moving averages and RSI to confirm trends and manage risk. Always set stop-loss orders to protect against significant losses.
 
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