Hi traders! How is the market treating you? This week so much has happened in the market ; both crypto and gold market. But today we want to discuss completely on Gold market and some of my trading activities this week.
So gold market has been showing a bullish momentum after a brief correction that drove prices to $3,995 price territory, from $4,244 which was the recent high. currently prices are trading within $4150 price levels, showing a strong bullish momentum with a little thinner trading volume and no active session in major U.S market due to U.S thanksgiving holiday.
MY TRADING ACTIVITIES
So I have been performing some trade on gold this week, and so far I have realized little profits.
I love performing my trade with Exness as they have one the best spread ever and completely little fees. Some of my positions are held for few hours, and some for completely a day. At the time of writing, Am currently holding two (2) positions on gold
I think I am confident that gold price might be heading to $4,250 price level, which will eventually give me about 9,688 pips. Now am thinking I might be adding up commodities and stocks to my trading activities, until then I will keep updating on my daily trading activity. Cheers friends and have a lovely. day
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Note: Trading financial markets is not a risk-free activity, and certain products may not be suitable for all investors. The high degree of leverage often associated with derivatives (such as CFDs, futures, or spot forex/metals trading) can work against you as well as for you. You may lose more than your initial deposit or margin. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Seek independent financial advice if necessary. Past performance is not indicative of future results.
