Trading Gold

[JRFerreira]

Hi there,

I have 2 questions regarding trading Gold, that i hope you can help me:

1. When trading in Gold, what are the relevant news that we must be aware and follow?
2. Please see my thread in Forex Company Comparisons for my other question.

Best regards and keep the good trades

 

[iMusingKiMi]

Of course all US and EURO news impact on Gold. US Dollar are highly correlated with Gold. You have to notice on Euro as well because Euro Dollar are heavily weighted in Dollar Index.

 

[Pharaoh]

You should ask me when I'm next buying some. Every time I buy, it goes down.

 

[iMusingKiMi]

Look out on FOMC tonight. Should be extreme volatile for gold as well.

 

[nahiyar]

While trading in Gold one needs high investment as well as good trading skill that help him to manage risk of gold trading this pair involves high spread and fast market that can effect on capital any time if he is not quick to respond market.

 

[Agbemavor]

i think you should join discussion at investing.com. for trade on gold.

 

[EURUSD]

i think you should join discussion at investing.com. for trade on gold.

Good site for get many information about gold and other commodity, but also need practice in demo account if not yet ready start using real money, trading gold is risky but also profitable because average movement is large pips

 

[smithsixer]

Good site for get many information about gold and other commodity, but also need practice in demo account if not yet ready start using real money, trading gold is risky but also profitable because average movement is large pips

Thanks EURUSD

 

[EURUSD]

Today I am look on gold also, I have seen already move bearish on newyork session tonight in my country, seems still continue bearish following previous candlestick although usually monday often occur small movement but not always like it

 

[CastBound]

i see money.cnn.com. when i trade in gold.