GOLD: the BULLISH case for 2022, the simplicity version
hi, hello fellow traders,
to be positional gold owner, there is only one need, to trust gold to be a reliable store of value for our capital/wealth to time frame of decades.
as most of the funds using gold as store of value and are not really busy trading it too often, but only at meaningful levels for their portfolio as whole (== balancing), we are left with the short term casino "black or red" but the casino always wins. some insist to call it trading, it is not, it is simply moving between levels of liquidity providers (== market makers) who make their money from two factors, execution of orders and triggering of stop losses. this is the simple but cruel reality of the daily gold market 210 sessions per year (the other +/- 40 sessions are for balancing of the "big boys"). of course, other markets with the principal of 'value store' work with the same principal. remember, chances are very low that your broker has institutional account with the FEDERAL RESERVE, it means that your broker's liquidity provider is LARGE BANKING/FINANCIAL establishment that have the direct account with the FEDERAL RESERVE. your funds as trader are actually the guarantees your broker provides to his liquidity provider. in the food chain, the BIG BOYS want your broker with your money, they will make sure that your broker have the grounds to "collect" new high leveraged clients on regular base. just pay attention. they warn you in advance that highly leveraged clients lose, they do say that very clearly! - which from their perspective means, 'I warned you, feel free to try how long it takes before you get wiped'.
I hope I managed to explain the chain of liquidity with simple words.
from here, one must pick a clear stand, gold goes UP or DOWN for the duration of choice or as much the capital of trader is enough. that makes SCALPING the most efficient form of trading gold!
the chart represents the BULLISH case for gold for this year (2022) based on the price action since 2018 when the FED raised their rates for the last time and continued with their endless printing of trillions.
in case you are not looking for physical gold holding, and daily trading is not really your best of talents, and still willing to place a bet on the gold market, why not DECEMBER/2022 C1860 (== CALL $1860) options? - you know in advance all of your bet, you know well in advance the worst case scenario, and you get loads of free time to trade financial instruments that trade according to much faster moving fundamentals.
trading gold with leverage is a terrible idea, as at least 210 sessions per year are pure noise sessions. the chart shows that clearly.
therefore, good luck!
questions, need a clarification, do not hesitate to ask
to be positional gold owner, there is only one need, to trust gold to be a reliable store of value for our capital/wealth to time frame of decades.
as most of the funds using gold as store of value and are not really busy trading it too often, but only at meaningful levels for their portfolio as whole (== balancing), we are left with the short term casino "black or red" but the casino always wins. some insist to call it trading, it is not, it is simply moving between levels of liquidity providers (== market makers) who make their money from two factors, execution of orders and triggering of stop losses. this is the simple but cruel reality of the daily gold market 210 sessions per year (the other +/- 40 sessions are for balancing of the "big boys"). of course, other markets with the principal of 'value store' work with the same principal. remember, chances are very low that your broker has institutional account with the FEDERAL RESERVE, it means that your broker's liquidity provider is LARGE BANKING/FINANCIAL establishment that have the direct account with the FEDERAL RESERVE. your funds as trader are actually the guarantees your broker provides to his liquidity provider. in the food chain, the BIG BOYS want your broker with your money, they will make sure that your broker have the grounds to "collect" new high leveraged clients on regular base. just pay attention. they warn you in advance that highly leveraged clients lose, they do say that very clearly! - which from their perspective means, 'I warned you, feel free to try how long it takes before you get wiped'.
I hope I managed to explain the chain of liquidity with simple words.
from here, one must pick a clear stand, gold goes UP or DOWN for the duration of choice or as much the capital of trader is enough. that makes SCALPING the most efficient form of trading gold!
the chart represents the BULLISH case for gold for this year (2022) based on the price action since 2018 when the FED raised their rates for the last time and continued with their endless printing of trillions.
in case you are not looking for physical gold holding, and daily trading is not really your best of talents, and still willing to place a bet on the gold market, why not DECEMBER/2022 C1860 (== CALL $1860) options? - you know in advance all of your bet, you know well in advance the worst case scenario, and you get loads of free time to trade financial instruments that trade according to much faster moving fundamentals.
trading gold with leverage is a terrible idea, as at least 210 sessions per year are pure noise sessions. the chart shows that clearly.
therefore, good luck!
questions, need a clarification, do not hesitate to ask
Trade closed manually:
FLAT/SQUARED from here, booked VERY nice gains
active trades will not get updated anymore in public.
in case you are in a position that needs second look/opinion, contact me directly and I try to help you.
good luck !!!
active trades will not get updated anymore in public.
in case you are in a position that needs second look/opinion, contact me directly and I try to help you.
good luck !!!
Trade active:
now, looking to reload LONGS starting from coming Monday (next week).
week closed @ 1920
it dips, I BUY
good luck !!!
week closed @ 1920
it dips, I BUY
good luck !!!
Comment:
$2222 target is laser guided and locked from here!!!