How to Trade Gold like a Pro in 2024!

  Рет қаралды 81,023

TraderNick

11 ай бұрын

Chat Now 💬 tinyurl.com/2p8unftm
Get the EdgeFinder 👉 a1trading.com/edgefinder/
Get My Trade Alerts 👉 a1trading.com/vip/
(Use code YTVIP for a subscriber discount!)
🐦 FREE Telegram 👉 tinyurl.com/4zthu5vh
💬 FREE Discord 👉 tinyurl.com/mr3pxm3e
✏️ Apply for EdgeFinder Trial 👉 tinyurl.com/53ah6btz
🎱 Eightcap: #1 FX Broker for NON-US clients:
tinyurl.com/r6zxm2dw
💱 OANDA: #1 Forex Broker for US Clients:
tinyurl.com/bdz4shrc
🐂 WeBull: #1 Stock Broker for US Clients:
tinyurl.com/mpsxbssn
🌎 Choose a broker by country:
a1trading.com/brokers/
DISCLAIMERS
This video expresses our personal opinions only, and is NOT in any way financial advice. Trading financial markets involves risk, and is not suitable for all investors. We are not responsible for any losses incurred due to your trading or anything else. We do not recommend any specific trade or action.
Note, please do your own due diligence before making a decision to do business with any financial brokerage. A1 Trading will make a small affiliate commission should you choose to sign up for either of the affiliated brokers above. Thank you for supporting the channel!
Please be aware of impersonators online: We will not message people directly asking for payment. Please be aware of impersonators and do not send money to any account that is not listed on our website.

Пікірлер: 89
@philyvantayco5921
@philyvantayco5921 11 ай бұрын
Ahhhhhhh, another out of the world content again. Thanks again nick, we really appreciate what you do.
@FXTrader247
@FXTrader247 11 ай бұрын
Great video. Loads of useful information, thanks!
@bellaolum9768
@bellaolum9768 10 ай бұрын
This was so helpful, thank you!
@GodkindJTBM
@GodkindJTBM 11 ай бұрын
Powerful video sir. Thank you for the wisdom shared 🎉🎉
@TalkingWithNate
@TalkingWithNate 11 ай бұрын
Wow this is good! I learned something ❤‼️✅
@writingscn1
@writingscn1 4 ай бұрын
Protest this guy at all costs..... Please guys do that, the educative information he has shared is fundamentally crucial for Gold traders. This is a journey ignited heading towards becoming profitable millionaires in trading. Salute
@SACHIN-sn7iy
@SACHIN-sn7iy 5 ай бұрын
Very useful information...
@trading-university.
@trading-university. 11 ай бұрын
Gold is a widowmaker of an instrument IMO. DXY correlation is not always a given at all. Gold does what gold wants, and is heavily manipulated. Having traded it a LOT I would say the best advice for trading gold is knowing when NOT to trade gold. It is great for scalping but a lot of people oversize positions to boost profit potential (Im guilty) and get shafted when the market turns hard and fast. Silver is also strongly correlatd to gold, often mimicking golds moves but it is a lot cheaper to trade but still with good profit potential.
@mdl767
@mdl767 11 ай бұрын
what's your strategy on gold?
@headhunter2513
@headhunter2513 11 ай бұрын
I agree, what do you trade mostly then?
@BluePips555
@BluePips555 11 ай бұрын
I’m also a victim of what u saying here…..I think traders should scalp gold only bcus its always reverses in direction
@trading-university.
@trading-university. 11 ай бұрын
@@headhunter2513 US30 and EurUSD. Gold when I see a great RR trade but I dont trade choppy gold.
@megamanagers
@megamanagers 11 ай бұрын
So I ask my self what is not manipulated? eveything is manipulated, even US30, EURUSD etc. You trade what you trade, but makrket is rigged anyway.
@SarkisKlinik
@SarkisKlinik 7 ай бұрын
Hi, from where to check the CPI as beginner and see if it rises or goes down ?Is gold suitable for long term investing and do people hold the position long term?
@9hunnidreacts
@9hunnidreacts 2 ай бұрын
5 sec into this vid, I'm convinced you know what you are talking about.....I h@te when KZbinrs claim they have "The best strategy for....." or "Nobody knows this strategy....." etc The truth is, if they had the best strategy for achieving something, they wouldn't tell the public...... You didn't brag in your intro and I love that. 👍👍👍👍👍👍
@themj4680
@themj4680 8 ай бұрын
THANKS😊
@kifordkojo7136
@kifordkojo7136 11 ай бұрын
Great video.. love from Ghana West Africa?
@gaborkovacs6123
@gaborkovacs6123 Ай бұрын
2:40 Batman entered the chat
@user-ft3jf8wi8x
@user-ft3jf8wi8x 9 ай бұрын
Dear Nick! How can I learn Fundamental on Gold?
@samirsamara6900
@samirsamara6900 11 ай бұрын
Hello Nick I have interesting question, If the cbdc banks will start soon and they will tokenize everything gold silver diamond gas and money, and they speak about the xrp will be the bridge cross border payments, and will effect the forex market because they can settlement in Paris currency in 3 second only the price will now move. This changing its ture can effect the forex market? The chart analysis will be changed ??? Or everything will be the same? Thanks
@kgothatsomonyepao3590
@kgothatsomonyepao3590 11 ай бұрын
Thanks a TON ! Really interesting how the $ has so much control over the markets as a whole......... anyway you mentioned something about retail traders being short rn so hopefully we still get a bit of a rise in the following weeks
@kgothatsomonyepao3590
@kgothatsomonyepao3590 11 ай бұрын
im not expecting gold to go up next week although , probably the week after that
@alexbunch9
@alexbunch9 9 ай бұрын
Hey guys, I'm looking to invest but I don't know anything about the market. Any help? As well who can I reach out to?
@rz9wb
@rz9wb 5 ай бұрын
Where do you learn TA to trade gold? There are so many courses, I know nothing about trading. Is there like a virtual money account and course tutorial on this?
@sam56094
@sam56094 11 ай бұрын
Can anyone help me understand why oanda is 1 hour behind than FC open on gold and does it matter ? The charts are also different at times . I want to use oanda since it allows me to wake up earlier .
@Loneranger555
@Loneranger555 11 ай бұрын
I don’t know if this video is made because of a recent comment I made but thank you so much for this even though I am still halfway through this video, I am still saving up to get the edgefinder but I watch your videos daily to hear your views on the market and also the COT report. Again many thanks ❤
@user-yr8tu4mk9e
@user-yr8tu4mk9e 9 ай бұрын
wait, i thought if gold is expected to reach 2200 by march 2024, doesnt that mean a recession is coming? or do i have it the backwards? Hearing you talk about CPI, made me think because i did think higher interest rates makes the dollar go down and gold go up.
@jacquesbotes2631
@jacquesbotes2631 7 ай бұрын
What trading platform is being used in this video?
@sonnetaliaselp
@sonnetaliaselp 13 күн бұрын
Best broker to trade gold?
@zyansfan3847
@zyansfan3847 11 ай бұрын
But bruh both retail traders and non-commercial traders are heavily long on gold, as shown by the IG Client Sentiment data and the COT report data
@thejword
@thejword Ай бұрын
I was hoping to learn how to actually place trades on gold. Contracts etc.
@v1p3xtx69
@v1p3xtx69 10 ай бұрын
What app ?
@GhostArtoriasExtra
@GhostArtoriasExtra 9 ай бұрын
Interesting
@thetoughtrader
@thetoughtrader 11 ай бұрын
Hey Nick am looking to sign up for a prop firm , which one do u recommend , I need a cheeper one for a 10k or 15k challenge. Hope to hear from u soon
@TraderNick
@TraderNick 11 ай бұрын
a1trading.com/prop-firm/ This is our partnered prop!
@hassanbangs2620
@hassanbangs2620 Ай бұрын
Please this my first time are want to do trading gold actually are didn’t have no understanding about that
@mpumelelomahlangu466
@mpumelelomahlangu466 9 ай бұрын
You left out the most important thing, checking what yeilds are doing. Like you said gold hates high yeilds and thrives in ZIRP type environment, watching the US02Y & the US10Y in conjunction with the DXY is a game changer. Using this I was able to add yet another strong criteria for confluence in my machenical strategy
@aaronchong2194
@aaronchong2194 8 ай бұрын
Hi, knowing Gold direction will be opposite to DXY. What are the relationship between US02Y and US10Y to gold?
@mpumelelomahlangu466
@mpumelelomahlangu466 8 ай бұрын
@@aaronchong2194 there's usually an inverse correlation between yeilds and gold. I usually use yeilds as a confirmation for the implied move on gold. I don't buy or sell gold unless the yeilds confirm the movement of the dxy
@user-fo9lq5oc8k
@user-fo9lq5oc8k 3 ай бұрын
Yields are rising and gold is rocketing. War and fear of currency devaluation are driving gold purchases around the world.
@J_BLAZE415
@J_BLAZE415 8 ай бұрын
What platform can i use to trade gold? Lookig to buy lots, calls and shorts, leveraging.
@TraderNick
@TraderNick 8 ай бұрын
a1trading.com/brokers
@forexgenesis
@forexgenesis 2 ай бұрын
Great information. I didn’t know the US dollar correlates with gold like that.
@HecProman
@HecProman 21 күн бұрын
Me too
@sam56094
@sam56094 11 ай бұрын
Hey nick I started trading gold from how well you explained . I noticed that the oanda charts is different than fx and 1 hour behind . Any reason and should I be worried , ? I would rather use oanda than fx
@Jerubbaal7
@Jerubbaal7 10 ай бұрын
In my view.. there's nothing to worry about.. different brokers use different liquidity providers thus variations in charts
@wealth3491
@wealth3491 10 ай бұрын
Only thing that matters is, which ever broker you use in demo br sure to use the same broker in your live account so the entry and exits points will line up exactly. Different brokers are like differ t banks and every one has their distinctive differences for whatever reason(s).
@HecProman
@HecProman 21 күн бұрын
@@wealth3491 Thank you.
@shakirghazali2890
@shakirghazali2890 11 ай бұрын
How to trade gold is simple trade with 0.01 lots have 200 usd equity with margin 1.500 laverage and never put stop loss as result you win 100 percent win rate
@atiyanazir4971
@atiyanazir4971 11 ай бұрын
Scalping is good but you must sure about your entry position
@sportingmeme3606
@sportingmeme3606 11 ай бұрын
​@@atiyanazir4971is gold good for hold like swing traders ?
@user-fo9lq5oc8k
@user-fo9lq5oc8k 3 ай бұрын
Gold has decoupled from the dollar. Bond yields and the U.S.D. are both strong rising and gold is rocketing. Says a lot about the current geopolitics and world debt situation.
@Exzal123
@Exzal123 6 ай бұрын
What is the best broker with the lowest spread/commission for gold in your opinion ?
@TraderNick
@TraderNick 6 ай бұрын
act.webull.com/i/JPpwHGBISdMe/xy4/
@megamanagers
@megamanagers 11 ай бұрын
where to find COT report data software?
@TraderNick
@TraderNick 11 ай бұрын
a1trading.com/EdgeFinder it’s our software we sell!
@itstanyawhite
@itstanyawhite 7 ай бұрын
What broker do you use for trading gold?
@TraderNick
@TraderNick 7 ай бұрын
I just put out a video on this subject! Check it out here: kzbin.info/www/bejne/eILOZYWshdCqfdE&ab_channel=TraderNick
@benjaminlouishart2549
@benjaminlouishart2549 11 ай бұрын
Been a rough day for me on gold. Been in long all week but didn’t take any profit off, going for a longer trade slowly adding positions with a mind that we will retest 2000, and of course, it cascades down with a massive upswing in USD strength. Made a few losses on some of these positions which sucks, but I have longs off 1960 still holding. Perhaps this run up in the past week is false and we should expect further down moves. If the FED hikes we could see a retest of the lows. In hindsight I should have seen the pivot on 1986 as a dead giveaway for a false break reversal, but I didn’t see it. I’m still going to hold my long positions because gold is still heavily bought by institutional traders. If I take the loss I take the loss, it will not severely impact my account. I think it’s likely we have further weakening of the dollar to go.
@reposter6434
@reposter6434 11 ай бұрын
Unlucky, Gold on a massive low
@SilverLake401
@SilverLake401 11 ай бұрын
Gold will retest 1890s in the coming weeks. Mark my words
@benjaminlouishart2549
@benjaminlouishart2549 11 ай бұрын
I think if gold can convincingly break the 1980s we could be in for a run back to the highs, but it might take multiple attempts to do so. It’s getting there though, the fundamental case for gold is good. Even if the fed raises rates it’s likely they pause for a while then start cutting next year, so institutional traders will be factoring that in.
@SoftSpeakin6
@SoftSpeakin6 9 ай бұрын
How are you doing now my brother?.. Hope you're fine
@smakersify
@smakersify 2 ай бұрын
What US platform do you use to trade gold
@TraderNick
@TraderNick 2 ай бұрын
act.webull.com/i/JPpwHGBISdMe/xy4/
@raphaelmabulu3988
@raphaelmabulu3988 11 ай бұрын
please, what the name of the backround song, i love that beat. kindly type the name Nick🙏
@jaysponholz5943
@jaysponholz5943 6 ай бұрын
Who do you trade gold to? Anyone? Im confused on who everyone trades to?
@TraderNick
@TraderNick 6 ай бұрын
Each other! For every trade there is a buyer and seller, due to constant volume in both direction
@yohannesnegussie7043
@yohannesnegussie7043 7 ай бұрын
How or where I can trade gold in USA? Please
@TraderNick
@TraderNick 7 ай бұрын
act.webull.com/i/JPpwHGBISdMe/xy4/
@philyvantayco5921
@philyvantayco5921 11 ай бұрын
I just blow my account, but the thing is I do know why I blow it. But I still want to be on market even though I blow my account. Its just everytime i saw your content like this one. It gives me hopes that someday i will get better.
@oyama493
@oyama493 11 ай бұрын
US 10Y also correlates with Gold
@wealth3491
@wealth3491 10 ай бұрын
Triple top pattern, which means XAUUSD will do a nice sell off soon. Doesn’t matter what happens in the world to cause the rise or fall of the market, technical analysis wil always match it.
@thebreadman2216
@thebreadman2216 10 ай бұрын
I need held with gold any suggestions/advice?
@abubokorbile9818
@abubokorbile9818 7 ай бұрын
i been trading gold 3 yrs and never looked DXY never and i am 7 figure trader 😉
@MrRiteshParihar
@MrRiteshParihar 5 ай бұрын
What's your strategy
@Easymadeit
@Easymadeit Ай бұрын
What have you noticed that helps and gives you the most edge bro?
@AuntGiGi123
@AuntGiGi123 6 ай бұрын
Pick me!!!!! TTE is the bomb
@MYWORDISMYBOND-ct3dd
@MYWORDISMYBOND-ct3dd 11 ай бұрын
Am I Being Stupid? What if a million PEOPLE bought £1000 worth of gold at the same time, surely the price will rocket to a high price and then if all of the million people sold at the same time the price would drop. Does that make sense? if so then why not keep repeating the process and everyone of the million people become millions after a short period. Surely a Billion pounds would make a difference to the market movement? So am i being stupid?
@boranstuart
@boranstuart 8 ай бұрын
Very 😊
@Trumpac
@Trumpac 6 ай бұрын
😂 go to school
@ucnguyensi3377
@ucnguyensi3377 9 ай бұрын
Stop add meme video in your video. Be professional
@ucnguyensi3377
@ucnguyensi3377 9 ай бұрын
Its really distract and annoy
@TraderNick
@TraderNick 9 ай бұрын
I would suggest you watch another channel. Memes aren't going anywhere!
@ucnguyensi3377
@ucnguyensi3377 9 ай бұрын
Thank you but it not add any value lol 😂 trust me bro
@solotravis9427
@solotravis9427 8 ай бұрын
​@@TraderNickforget these scrooges it's KZbin you can do whatever you want cuz it's your video. A lot of people love a little bit of comedic relief
@Pariya555
@Pariya555 11 ай бұрын
Very much appreciated video. More strategies on XAUUSD please!