Mdraghib Posted June 4 Share Posted June 4 Yes, technical analysis can be highly effective for trading gold. Since gold is heavily influenced by market sentiment, global events, and price patterns, tools like support and resistance levels, moving averages, and RSI help traders identify entry and exit points. While it doesn’t guarantee success, combining technical analysis with market awareness gives traders a better edge in predicting gold price movements. Link to comment Share on other sites More sharing options...
maspluto Posted yesterday at 01:47 AM Share Posted yesterday at 01:47 AM Before joining Tickmill, I ignored risk management. Now I never enter a trade without a stop loss and a proper risk-to-reward ratio. Link to comment Share on other sites More sharing options...
Mdraghib Posted 22 hours ago Author Share Posted 22 hours ago Great keep growing. Link to comment Share on other sites More sharing options...
tradesprint Posted 3 hours ago Share Posted 3 hours ago Gold is an event driven asset which can be influenced or change its direction by any general events or news accross the globe, so even technical analysis can be helpful but we need to be careful and protect our trades using stop loss feature. That's why i put limit orders with SL and TP on my HFM mt4 which is executed right on time. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now