GOLD TRADING: growth may resume

By | August 24, 2015

Stock markets by storm. Against this background it comes repositioning in favor of safer assets. One traditionally is gold. At this stage, the market is clearly slowing global economy fears provoked by cooling in China. Furthermore, an additional factor that is putting pressure on risky assets in favor uncertainty regarding the timing of the rate hike US Federal Reserve. Plus geopolitical tensions in Korea and the situation is favorable to enter into a long position in gold trading.

In the area of gold 1151.09 level to form a support. In recent days, the metal was down repeatedly in his district, but to go and could not. Thus, the next test without any catalysts, supporting the dollar may again end rebound and eventually lead to more rapid growth.

gold trading chart
Gold trading chart
Trading analytics

Gold (XAU/USD)   –   buy gold   –   Entry price: 1151,09. Goal: 1168,16. Stop loss: 1141,08.

Warning: Profitability in the past does not mean profitability in the future. Any projections are for information only and does not guarantee a result.

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One thought on “GOLD TRADING: growth may resume

  1. Soheila

    I’ve read a lot about Forex, but I’ve never seen a proven paotbfrile forex strategy, despite the claims of some scam web sites.Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words Forex and lose to see this is the consensus.Forex is what we call a zero sum game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the bets in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: Go to Forexcrap,com/q2347. The q2347 is a signal to the Forexcrap site that you are being referred to them by q2347. If they sell something to you, q2347 gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you. Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.I would recommend not trying to do Forex at all, unless you are a trained professional. It’s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.


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