The Successful Gold Traders Plan
The Successful Gold Traders Plan As the old expression goes, most people don’t plan to fail, they only fail to plan. Having a game plan is crucial to your success as a gold trader. You need to understand why you are getting into a position before you decide to jump into a gold trade. You […]
Top Reasons to Trade Gold
Top Reasons to Trade Gold Over the past ten years there has been a dramatic increase in interest in Gold as a form of investment and safekeeping. Many investors are just beginning to discover the ability to trade gold in the forex market. Prior to the 1990’s the forex market was primarily an exclusive investment […]
Using Forex to Trade Gold and Other Commodities
Using Forex to Trade Gold and Other Commodities In many of our articles, we have discussed the benefit of trading gold online. But you can also trade other commodities in addition to spot gold—including spot silver and spot oil—using online gold-trading platforms. The benefits of trading spot silver and spot oil are similar to […]
Three Myths About Gold Trading Debunked
Three Myths About Trading Debunked Are you interested in trading gold online? Have you told your friends and family, even your colleagues? If so, they may have some objections to you trading gold—which we are happy to defeat. Below are three popular objections to gold trading—and the reasons they may not be concerning. Gold […]
Understanding Gold Prices and the U.S. Dollar
Gold Prices and the U.S. Dollar Gold has always been a symbol of wealth and prosperity, coveted throughout history for its intrinsic value and allure. One of the most intriguing aspects of gold is its relationship with the U.S. dollar, a dynamic interplay that often dictates global economic sentiments and investment strategies. In this comprehensive […]
Reading a Spot Gold Quote
Reading a Spot Gold Quote As we mentioned in “How to Trade Spot Gold,” when you trade spot gold, you take a long or short position in gold while you take the opposite position in the U.S. dollar. To get started trading spot gold, however, it is important to understand how to read a spot […]
Trading with Gold Forwards
Trading with Gold Forewards As we mentioned in another article, a popular way to trade gold online is to use futures or options traded on an exchange such as the CME Globex (previously the New York Mercantile Exchange Comex Division), the Chicago Board of Trade or the Tokyo Commodity Exchange. You can also trade “spot” […]
Moving Averages
Moving Averages One major challenge for both long and short term gold traders is to define their methodology. What tools and techniques can you use to make your gold-trading strategy more successful? As we mentioned in our article on Relative Strength Index, one gold-trading technique is watching the so-called “relative strength index,” RSI for […]
Relative Strength Index
Relative Strength Index One major challenge for both long and short term gold traders is methodology. What tools and techniques can you use to make your gold-trading strategy more successful? One gold-trading technique is watching the so-called “relative strength index,” RSI for short. The RSI is a technical indicator that gold traders can use […]
Why Trade Gold Instead of Investing in Gold?
Why trade gold instead of investing in gold? Gold has been considered a valuable physicalasset for thousands of years, but many people shy away from buying it because they think they can only do so by investing. But there is another option: trading gold. Why Trade Gold Rather than Owning Physical Gold? The most obvious way to […]
