RidderTrade
Experienced member
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dollar on a nice come back here, gold is also taking an absolute kicking!
yeah, welcome back in the market
dollar on a nice come back here, gold is also taking an absolute kicking!
linked in what way? a rallying dollar does put downwards pressure on gold but id hardly say gold tracks the dollar...
well im pretty sure a weak dollar means strong gold and strong dollar means weaker gold, you can see as inflation gets bigger gold gets stronger.
btw. today was the first day i started trading after spending a month on demo, and made £800 so far scalping the eur/usd :clap:
LOL. well i am sure that £800 is beginners luck, given your narrow minded view on the link between gold and the dollar. A stronger dollar doesnt necessarily mean gold will fall. You could have a look at the forward curve, gold leasing rates, macroeconomic factors in india ( which is the largest consumer of gold, if you didnt already know) etc.
well Ridder
WE CALLED IT!!!!
I woke up to 180 pips profit with plenty of lots behind it
:clap: :clap:
looks like plenty of trades to make now as well..
I meant to suhaib. .
Nice trades pippy .