gold trading

Learn with ETMarkets: Mastering gold, silver trading with MACD, fibonacci retracements

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Learn with ETMarkets: Mastering gold, silver trading with MACD, fibonacci retracements

For traders seeking a more sophisticated approach to MCX Gold and Silver contracts, the fusion of the Moving Average Convergence Divergence (MACD) indicator with Fibonacci retracement levels offers a nuanced strategy. This advanced technique aims to identify optimal entry and exit points by leveraging both technical indicators. Long Entry Strategy: Fibonacci Retracement near 50%:Look for … Read more

What should traders do with gold as bears tighten grip?

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What should traders do with gold as bears tighten grip?

Gold‘s is expected to remain under pressure in the international markets amid a stronger dollar index (DXY) and higher US bond yields, with a rub-off impact on the local prices, as well, when trading resumes next week. The movement will likely remain sideways with limited upside, experts tell ETMarkets. Gold has been losing its appeal … Read more