Study of movements in Gold and Silver | Forex Factory

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Study of movements in Gold and Silver

  • #1
  • First Post: Dec 22, 2022 7:02am Dec 22, 2022 7:02am
Hello friends i am making a
study of movements in Gold and Silver.
the idea is to develop a profitable strategy for trading these assets.
I will focus on gold and silver but I believe it is possible to use it on other assets such as GBP/USD GBP/JPY...

NOTE: I apologize for my bad English I am using a translator

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 128 KB

5m chart
Upward movement confirmed, movement forecast is fibonacci retracement 1.61, Target in green and Stop in red in the image.
later I will talk about the indicators that can be found in tradingviwer.
  • #2
  • Dec 22, 2022 7:16am Dec 22, 2022 7:16am
5m chart
Silver moving against gold, a possible upward movement can be confirmed, it still needs confirmation.
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  • #3
  • Dec 22, 2022 7:54am Dec 22, 2022 7:54am
Quoting SkyD
Hello friends i am making a study of movements in Gold and Silver. the idea is to develop a profitable strategy for trading these assets. I will focus on gold and silver but I believe it is possible to use it on other assets such as GBP/USD GBP/JPY... NOTE: I apologize for my bad English I am using a translator {image} 5m chart Upward movement confirmed, movement forecast is fibonacci retracement 1.61, Target in green and Stop in red in the image. later I will talk about the indicators that can be found in tradingviwer.
5m chart
unconfirmed gold move, price hits stop

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Click to Enlarge Name: screenshot.png Size: 133 KB
  • #4
  • Last Post: Dec 22, 2022 9:19am Dec 22, 2022 9:19am
h1 chart
Movement in silver, a possible correction of the bullish movement, needs confirmation.
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