My personal views on gold and silver
#xau My current trading strategy for gold is that the closer it gets to 4,000 points, the more worthwhile it is to open a long position. Leverage can be set at 100x, and if you set the liquidation price below 3,800, you can hold the long position for a while. I usually set my liquidation price at around 2,500.
#XAG Silver works the same way. Right now, I’m looking for opportunities to go long. Last month, we were opening short positions throughout. Now I recommend placing a buy order at 58.5, with the liquidation price below 52. I usually set mine at around 35.
If this helps with your trades, please give it a like.
#xau My current trading strategy for gold is that the closer it gets to 4,000 points, the more worthwhile it is to open a long position. Leverage can be set at 100x, and if you set the liquidation price below 3,800, you can hold the long position for a while. I usually set my liquidation price at around 2,500.
#XAG Silver works the same way. Right now, I’m looking for opportunities to go long. Last month, we were opening short positions throughout. Now I recommend placing a buy order at 58.5, with the liquidation price below 52. I usually set mine at around 35.
If this helps with your trades, please give it a like.