Set up a trade of XAU/USD according to the Fibonaccu price cluster on the short time frame.
If you trade, you should trade with a small volume and remember to always set a stop loss.
If you trade, you should trade with a small volume and remember to always set a stop loss.
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I see a lot of people getting scared by today's economic news and jumping into the gold hedge.The market is always two-way, when the price they buy the room is too high, it will be a big obstacle when the bears smell the honey and jump in to sell short.
I advise people not to follow the markets in real time and not to stick to nor have a trading plan in advance without jumping into inspired trading. Keeping capital safe through the storm is better than losing it.
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Hedging in gold and racing to buy, there will always be a parallel market and the aroma of honey makes the big bears and the big bears jump in.What a pity for those who buy on those peaks.
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I really don't understand what's going on in the market. When XAU/USD is too high and the crowd can't wait to take shelter because the price is already too high. And the household sees the US30 CFD. WOW. Sometimes things get really crazy.I advise those of you with small caps with a small amount of money not to trade this week and possibly next week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.