3 Key Tips for Trading Gold!

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  • Опубликовано: 3 фев 2025

Комментарии • 138

  • @TraderNick
    @TraderNick  3 месяца назад +1

    Best GOLD TRADING brokers?
    🐂 WeBull (For US Traders): tinyurl.com/mpsxbssn
    🎱 Eightcap (Non US): tinyurl.com/htcdat5u
    💹 Vantage (Non US): tinyurl.com/33ahr4rb

    • @CarmeloSalazar-vc4ze
      @CarmeloSalazar-vc4ze 16 дней назад

      Thank you for your advice ☝🏼

    • @kingdiablo841
      @kingdiablo841 15 дней назад

      Which broker u use am looking for broker that I can access xauusd in meta trader 4 and 5 let me know thank you

  • @MikeMiketb
    @MikeMiketb 10 месяцев назад +184

    Hardest Working team In The Industry! Tired Of Seeing Lamborghinis! This is what traders want to see!

    • @KaraboTemane
      @KaraboTemane 10 месяцев назад +7

      Underrated comment!

    • @solotravis9427
      @solotravis9427 10 месяцев назад +11

      Yeah most practical people are happy just to make some extra money and pay some bills

    • @tonylegu1784
      @tonylegu1784 10 месяцев назад +6

      100% correct man. Best trading channel period.

    • @RyeitOut
      @RyeitOut 10 месяцев назад +1

      Ikr!

    • @Nayr86
      @Nayr86 8 месяцев назад +6

      Yup I don't want a Lambo, but a house would be nice 🙂

  • @se7en_tv
    @se7en_tv 4 месяца назад +21

    I gained 30% from Gold last week. This weekend, Gold took it back as I was shorting it during the weekend. It bursted from 2580 to 2622 in a span of 4 - 5 hours. Good thing I didn't risk the capital and just let go of the gain.

    • @stevenbriggs784
      @stevenbriggs784 3 месяца назад +2

      and now look at the numbers....if you'd just held on, you would be laughing.

    • @se7en_tv
      @se7en_tv 3 месяца назад +2

      @stevenbriggs784 I didn't have the mentality or even the balls to hold on since the dd was way more than I was expecting. I guess it's a weakness i have to work on

    • @beautyofquraan33
      @beautyofquraan33 2 месяца назад

      Bro. I traded gold last week and dam. It was volatile 🌪️🌪️🌪️

    • @AlohKelvin
      @AlohKelvin 23 дня назад

      Hello mate

  • @amusanpeter2620
    @amusanpeter2620 9 месяцев назад +2

    Great man, I respect those years vested in search for knowledge and workable principles of the financial markets

  • @roketreopaldo5020
    @roketreopaldo5020 2 месяца назад +24

    When im buying it sells , when i sell it buys . My life as a trader. 😅

  • @XTRADERXNYC
    @XTRADERXNYC 9 месяцев назад +20

    Good morning Nick I've been trading gold myself in the futures market. The one hour trend with supply and demand has been unbelievably easy to trade I get in and out level to level and I've been stopped out a minimum amount of times compared to how many times I've hit my target, this might be the easiest trading and profitable time for gold ever in my 11 years of full-time trading

  • @RyeitOut
    @RyeitOut 10 месяцев назад +5

    Wow, what a coincidence you made this video. Gold use to do me dirty a while back 🤦🏽‍♂️. I just started looking at Gold again last week to trade because i saw alot of past opportunities to scalp on breakouts. I see so many traders on youtube that trade Gold

  • @mrmanq9517
    @mrmanq9517 10 месяцев назад +4

    Always giving us little nuggets...much appreciated man 🙌

  • @Its_Tumar001
    @Its_Tumar001 10 месяцев назад +14

    Love from Nigeria 🇳🇬

  • @MsFendiTv
    @MsFendiTv 10 месяцев назад +10

    "rest in peace to you, Godspeed" had me cackling 🤣

    • @SPSquirtle
      @SPSquirtle 4 месяца назад +2

      gold a savage I hate but keep coming back

  • @Mrnocosign
    @Mrnocosign 10 месяцев назад +4

    I completely agree with you regarding Shorting equities during the bull run is very dangerous

    • @TraderNick
      @TraderNick  10 месяцев назад +2

      Sooo difficult!

  • @el-qd4ud
    @el-qd4ud 10 месяцев назад +27

    How to trade gold? buy buy buuuuy!

    • @deadbushlover3511
      @deadbushlover3511 8 месяцев назад +18

      Rip my $2k account. Bought 3 times and left it to rise 😂
      And btw I did that couple days ago, ur comment was no influence. But don’t buy buy buy because if it starts dropping it won’t stop for an entire day.😭

    • @Dimezeeyt
      @Dimezeeyt 2 месяца назад

      you mean week​@@deadbushlover3511

    • @bofisthe295
      @bofisthe295 2 месяца назад

      ​@@deadbushlover3511you arent gonna lose 2k if you trade 0.01 0.02 😂, just average down

    • @brziananas7223
      @brziananas7223 2 месяца назад

      ​@@deadbushlover3511 How many ounces did you buy

    • @killdriverak6515
      @killdriverak6515 Месяц назад

      Yes in bars, not stock lol, buying gold like a mad man with out equity to support it and she kickbacks on you, RIP to your account..

  • @theultimatewrestling
    @theultimatewrestling 10 месяцев назад +2

    Professional work. I'm happy to be looking up to you. What you are doing with this channel is expensive (Knowledge & Understanding) . I love the wisdom behind this.

  • @killdriverak6515
    @killdriverak6515 Месяц назад

    Also with trading gold, when its shorting, its probably going to break 2 or 3 support levels on the way down, so just wait a day or two before locking in positions and research what might have triggered the movement.

  • @yashpalw9371
    @yashpalw9371 10 месяцев назад +20

    If Gold is volatile, Silver : Hold my beer 🍺

    • @hamzahidane8359
      @hamzahidane8359 10 месяцев назад +2

      Do u think silver will do some explosions ?

    • @samuelekowbiney4768
      @samuelekowbiney4768 8 месяцев назад +4

      Exactly! I've been trading Silver this past month (May) and it's more profitable than Gold IMHO!

    • @trololooface2180
      @trololooface2180 2 дня назад +1

      Yes, I invested €90 in the last 3 months just to earn a few euros and I can say that most of the money I lost was when investing in Silver and Gold. The problem with these assets is that they are very unpredictable.

    • @trololooface2180
      @trololooface2180 2 дня назад +1

      It's a good thing I invested money that I was ready to lose, not like those cases of people who sold houses and cars just to invest in Bitcoin and unfortunately lost everything.

  • @RussellCrowe-m3t
    @RussellCrowe-m3t 10 месяцев назад +2

    Excellent Nick!
    Could you please tell us How Fundamental effects Gold?

  • @TalkingWithNate
    @TalkingWithNate 10 месяцев назад +13

    Please do a video on how to trade US OIL 🙏🏾🙏🏾

  • @thebrain3650
    @thebrain3650 10 дней назад

    Hey,Professor Nick! This was a pound of knowledge... thanks👍👏

  • @JpAiMpEeSr
    @JpAiMpEeSr 3 месяца назад

    Thanks for the video, is it possible to give a plain clear explanation on how to calculate lot size when trading gold please?

  • @rustygolfer3475
    @rustygolfer3475 6 месяцев назад +1

    Great info. Shorting ES,NQ are my favorite trades, just learning GC . It's awesome we can all take different roads to the same place.

  • @shadzm1
    @shadzm1 7 месяцев назад +2

    Great stuff, I am new in trading still learning, can you help me please , which is the best and easy app for gold trading ?
    And how to create broker account
    Thanks

  • @ingangubenkomo8639
    @ingangubenkomo8639 3 месяца назад +2

    How does the market tell you when to stop? Please help because I am starting to understand fundamentals and I have a problem with entries and exits

    • @Divas-r7x
      @Divas-r7x 2 месяца назад

      Maybe you could look for a teacher to help you

  • @albertmaina1025
    @albertmaina1025 10 месяцев назад +3

    I found myself selling Gold last Friday, dear lord lost 3 Rs thanks Nick

  • @JamesThompson-p4r
    @JamesThompson-p4r 25 дней назад

    Can anyone recommend a decent dex to trade gold ? Cheers in advance.

  • @yenisketches6047
    @yenisketches6047 8 месяцев назад +3

    What platform/app is used for trading? I am just starting to learn about it.
    I need to learn about technical part of it first. Which apps, what hardware do I need, banks etc?

    • @Bonic16
      @Bonic16 8 месяцев назад +1

      You need trading view for analysis
      Mt5 to execute your trades
      And a broker too
      But this is nothing compared to the time you are willing to invest sacrifice
      And the discipline involved in learning this art of trading.🎉
      Good luck on your journey
      Get yourself a good mentor don't try to play smart please you will hurt yourself if you try to .
      Good luck again
      Stay safe⭐

    • @yenisketches6047
      @yenisketches6047 8 месяцев назад

      @@Bonic16 Thank you for info and good wishes.
      Do you, by any chance, know some video or book that explains these technical parts, maybe if I need specific bank account, specific contract with the bank, how do I connect all this.
      Can I do it all via just a laptop or macbook or what.
      I need ultimate newbie guidebook 😂
      🫶🏻

    • @ganeshgupta1039
      @ganeshgupta1039 7 месяцев назад

      ​@@yenisketches6047 learned anything buddy ??

    • @Divas-r7x
      @Divas-r7x 2 месяца назад

      你应该寻找一个与你的银行账户关联的可靠平台

  • @vforvisuals1151
    @vforvisuals1151 4 месяца назад

    I like your English language man so natural, and clear to people like me who are fron non English speaking countries. Great 👍 Which part of the world you are !

  • @Nonhla293
    @Nonhla293 10 месяцев назад +1

    Thank you 🙏🏻

  • @sugarresin
    @sugarresin 10 месяцев назад +7

    Every time I try and trade gold, it fucks me over 😪🤣

  • @aneurydperez
    @aneurydperez 7 месяцев назад

    nick been in the game for a long time! 💪🏼

  • @cryptolatino9220
    @cryptolatino9220 10 месяцев назад +1

    Thank Nick!

  • @santanfemi
    @santanfemi 10 месяцев назад

    Great video as always!

  • @MD.MURADHASAN-ch3qi
    @MD.MURADHASAN-ch3qi 5 месяцев назад +2

    It's twice easy to loss then profit

  • @ibk3164
    @ibk3164 5 месяцев назад

    For your trailing stops, how do you determine how many pips or points to set?

    • @SPSquirtle
      @SPSquirtle 4 месяца назад

      last support I do

  • @bgmiAk47gaming
    @bgmiAk47gaming 25 дней назад

    Gold me time decy hota h ??

  • @abdul-samad3371
    @abdul-samad3371 Месяц назад

    Wow I make a lot of my money doing shorts on gold it’s not that hard to me

  • @nadiak9208
    @nadiak9208 3 месяца назад

    How to trade online? Which platform to use? Is it linked to bank account ?

    • @Divas-r7x
      @Divas-r7x 2 месяца назад

      You should look for a reliable platform that will be linked to your bank account

  • @manishpandit1196
    @manishpandit1196 9 месяцев назад +1

    Good analysis🎉🎉

  • @jaymcwilliams5688
    @jaymcwilliams5688 10 месяцев назад +1

    Did we miss the 45% off

    • @TraderNick
      @TraderNick  10 месяцев назад

      No! Still available. a1trading.com/EdgeFinder

  • @azharmuhammad5047
    @azharmuhammad5047 5 месяцев назад

    Where exactly do I start trading gold?

    • @TraderNick
      @TraderNick  5 месяцев назад

      Broker I use: act.webull.com/i/JPpwHGBISdMe/xy4/

  • @VikramDaz
    @VikramDaz 9 месяцев назад

    Hi do anyone know the best trading signal providers with good pips coverage

  • @ChadPowell-eu8dx
    @ChadPowell-eu8dx 8 месяцев назад +1

    i honestly liked it but the point is that i still cannot see how it helps with trading gold!

    • @selenkywreckless
      @selenkywreckless 8 месяцев назад

      So what do you like??

    • @Divas-r7x
      @Divas-r7x 2 месяца назад

      你应该寻找一个与你的银行账户关联的可靠平台

  • @ampiciline
    @ampiciline 7 месяцев назад

    is it possible to do wheel strategy ( option ) with GLD ??? it seems because moves really fast it will mess up the wheel strategy. please kindly advise

    • @TraderNick
      @TraderNick  7 месяцев назад +1

      You certainly could, if you believe over the long term gold will go up and would be willing to hold a drawdown

    • @ampiciline
      @ampiciline 7 месяцев назад

      @@TraderNick Thnak you for prompt reply ! the one thing I noticed about GOLD's chart pattern ( last 50 years history , 1970 after ) it is a very Anti-Fragile asset , meaning when "Black swan" events( 2008 and 2020 ) hit , it only dropped 15 % and Most importantly it recovered SUPER fast ( within 6 months ) ....other assets like S&p 500 or IWM dropped more than 30%-50% and took them 3-4 years to recover ( except V shape recovery of 2020 ) .... I think THE next " black swan event" is going to be THE worse one and The recovery time would be ( 12 - 20 years, like Japan stock market crash ) and based on what I have seen from GOLD , it can be a solid anti fragile asset for "wheel strategy" and selling Cover calls and at the SAME time PRESERVATION of your asset during black swan events ....obviously , as you mentioned when the world is at peace GOLD stays low ( inactive) for long time , but I believe STRONGLY the world is going toward more wars and disorders mainly due to global inflation and natural resource scarcity and competition . I think, we are going to have a small pull back exactly to level that you mentioned in your First video , at that price $ 2280 . At that price i will take action

  • @DanielWalter-ff5jx
    @DanielWalter-ff5jx 19 дней назад

    NEVER Short gold if the 30min and 5 min trend upwards
    Just go outside and set your money on fire it’s less stressful

  • @Receitasvirais4173
    @Receitasvirais4173 8 месяцев назад +1

    Love from Mozambique 🇲🇿

  • @blessedahunanya8964
    @blessedahunanya8964 10 месяцев назад +3

    Gold is a one of a kind pair to trade 😜

  • @TheEliteCommentz
    @TheEliteCommentz 9 месяцев назад +1

    Gold has always done exactly what it said it would,,, if it had a voice

  • @AlombaSilas
    @AlombaSilas 5 дней назад

    Your not alone 😂

  • @johngreydanus2033
    @johngreydanus2033 10 месяцев назад +8

    Only way to trade gold is none of what he said, just use 1-minute chart and your favorite trend indicator, easy peasy.

    • @TraderNick
      @TraderNick  10 месяцев назад +7

      Wouldn’t that be nice if it were that easy!

    • @johngreydanus2033
      @johngreydanus2033 10 месяцев назад +3

      @@TraderNick Some days it is, use the normal price action analysis, risk management, position sizing, all the good stuff.

    • @ChristopherKai-f9c
      @ChristopherKai-f9c 8 месяцев назад +1

      You have said it

    • @thokomalangcobo1824
      @thokomalangcobo1824 7 месяцев назад

      ​@@johngreydanus2033 what works for you is not what works for 2nd person

    • @margaretmuniu8767
      @margaretmuniu8767 7 месяцев назад +1

      Very true

  • @jaymcwilliams5688
    @jaymcwilliams5688 10 месяцев назад

    Thanks

  • @ASAD-q5j
    @ASAD-q5j 10 месяцев назад +3

    always learn something from here love from pakistan

  • @clashclans4442
    @clashclans4442 10 месяцев назад

    No weekly analysis today?😢

    • @TraderNick
      @TraderNick  10 месяцев назад

      I was out of town, sorry! I’ll have a video out tomorrow 🙂

  • @LeeDeborah-d9f
    @LeeDeborah-d9f 3 месяца назад

    Rosenbaum Loaf

  • @Steezy302
    @Steezy302 10 месяцев назад

    What's up nick❤

  • @Sinna_Gaming
    @Sinna_Gaming 5 месяцев назад

    Trading gold is like talking to a wild horse

  • @collenduma7208
    @collenduma7208 10 месяцев назад +1

    Please do Oil next.

  • @richardforsley3353
    @richardforsley3353 10 месяцев назад

    Ty

  • @abdous-i8s
    @abdous-i8s 5 месяцев назад

    wheres the lambo

    • @TraderNick
      @TraderNick  5 месяцев назад

      Invested in my trading accounts. Fancy cars aren’t really my thing

  • @Frédéric34-b1i
    @Frédéric34-b1i 4 месяца назад

    i earn too massively

  • @DaddychiLL6
    @DaddychiLL6 10 месяцев назад +5

    Love gold 😂😂 nfp took me out twice before going my direction like ight bruhh 😒 decided to be done for the day went to sleep 😴 and wake up to gold going to new highs 😂😂😂

  • @RestiveRouf
    @RestiveRouf 7 месяцев назад

    Best ❤

  • @mateenabdul3323
    @mateenabdul3323 4 месяца назад

    Hello

  • @hn4300
    @hn4300 10 месяцев назад +1

    Translate Indonesia sir

  • @elisarichson1892
    @elisarichson1892 19 дней назад

    💎

  • @easybusy4395
    @easybusy4395 8 месяцев назад +1

    Trading gold is like trading with a racist. 😮

  • @AubreyMwape-b1j
    @AubreyMwape-b1j 10 месяцев назад

    👏👏👏

  • @blakeyrockstar
    @blakeyrockstar 10 месяцев назад

    👍👍

  • @etienne7774
    @etienne7774 Месяц назад

    Christianity is true because of the impossibility of the contrary.

  • @TedBryce-o8f
    @TedBryce-o8f 5 месяцев назад

    Cruickshank Heights

  • @macStaffIndia
    @macStaffIndia Месяц назад

    Gold
    I found this Analysts Gold analysis useful, I been following him for a while, really accurate forecast that helped me make profit in Gold:
    ruclips.net/video/J2kMYUlkN8Yh/видео.htmlttps://ruclips.net/video/J2kMYUlkN8Y/видео.html

  • @martinahkal8310
    @martinahkal8310 10 месяцев назад

    👏👏👏👏👏