gold trading is one of the instruments in the trading is very popular today, both electronic trading and real trading in the markets, because it is one of the save-haven investment whose value tends to go up from year to year.
For the trader who has been involved forex market will have added value in analyzing the price movements of gold in the market, and in my opinion for the gold trade in the forex market was more promise of success for a few things like that tend to be stable movement making it easier for us to analyze the direction of the price trend his or trend in one day.
For novice traders trading in gold instrument very scary, because what? some say the spread is too large (from 50 pips -100 pips), the movement can be up to thousands of pips a day, a greater need capital to be able to safely trade gold, but I think because of ignorance or lack of understanding of the instrument's gold the way I feel and experienced in previous years. but if we look, the gold price movement range is the same as the usual pairs traded as EU, USD, GBP, JPY. why be the same? how we live down the volume a lot on every order we open.
example:
If your usual trading volume lot 0.1 on the instrument forex, then on gold trading volume we make a 0:01 then the result will be the same when we move prices by $ 1 in gold and 1 cent in pairs (buy EURUSD 1.3300 take profit 1.3301 = buy XAUUSD 1680.00 take profit 1681.00)
Other benefits according to my analysis gold trading more friendly than the analysis of wild pairs often move especially if there's news release. Exposure above is in my opinion what do you think?
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