Comprehensive understanding of gold trading through technical, fundamental & sentiment analysis

being everybody okay so thank you for giving your time here you just use the lunch time so okay so today I'll be talking about gold trading okay so different a bit different from others speak topic okay so okay so my name is AMA is that okay so I've been around seven years experience in trading you can see there I'm a full-time trader alright so actually I retired a few years back really okay so I am certified from Jacques features seh okay so it's a bit different from combination in the business together okay so you'd need a certified everybody the past future exchange okay specialization in gold reading okay so say open a packaging and broker broker um breath beasty to buy dance karani more towards the market analyst i for certain broker okay so for today okay so this will be my introduction book alright so introduction to over-the-counter contract for difference okay so usually people will sell their techniques for example okay so mine will be a bit different I'm selling the introduction knowledge about about capital markets derivatives over-the-counter country for difference and usually things that are concerning about brokers which I'm going to keep the nanotech broker to a book could be book for example okay so these are the things that we do actually so this is behind more to aspectos behind the city okay so it's a bit different okay so in gold trading same as currency trading we we have three types of analysis okay so we have the technical fundamental and sentiment okay so for today I will do all three and if you have your mp4 with you as well we can look at next week's market for example okay so don't be shy to us okay you can ask for a signal if you want to okay but you'll see what happens on Monday itself okay so based on technical some traders will find it will usually have a certain SOP when you run a trip okay so but you have to understand what is the certain market that you're trading on doing okay so sometimes the market doesn't go one way right so usually what what I mean here is let's say for example the movement of the market okay so move on the market generally we have two types of movement one is to be the market sideways sorry its market alright so this is what we call as a ranging market okay and the end want to be a trending market okay so for both markets technical wise is a bit different there come a busy city kid okay sideways market that can walk wider reversal pattern will go for bearish reversal trouble topped up triple bottoms for example okay River sauce okay so break out like Delaney usually what we do is we will use Fibonacci the easiest one yes we like we look for retracement sorry primary treatment they can ever 61.8% is explained for worker for example then we enter the market then we used a bit more expansion someone can be challenged and how where do we take profit okay so different market will have different style of technical the only good thing I can say we study people yeah it's a bit weird I guess what people keeping a man Chari break up okay reversals that now where do we wanna trade because reversals is more to supports and resistance area which is the same area at the same moment okay so color onto my channel say for example you look at ug for example cane syrup for the past maybe two weeks ug say waste it so what you know you put a support put resistance 3 within that certain zone simple as that okay so it goes the same for gold trading ok so if you zoom out the chat on a good reading you can actually see that market movement is more to us arranging market ok Google Market is a bit different so it's a commodity right so some traders they like to compare with currency so there will be the problem to masala Chanukah Sameach a currency the currency the taste Callaghan gold the someone can I to Salah right no it's not a good thing to do actually because it's a different category depending on the broker alright depending on the broker the leverage will also be different then your currencies can sell currency Lucy brokers will promote they can go leverage one to one thousand one to five thousand one to three thousand for example but for cool because it's a commodity you will usually lock at 1 to 100 so you have to know this and I see icons manager ask your broker how much is the leverage for good because get a short trade currency or kickee tapu my so cool jiggly imagine people buy the hobbies that could pretty much tsk because the imagine for goal will be more expensive because i leverage ok alright so those things will meet you have to come in mind ok those things do you have to in my manual trading gold hello if possible hello bully Sinkin alright make a different account right but usually I will advise is diversify your portfolio okay one portfolio for currency trading folio for Google trading for you for all trading for example then from those current form those accounts you don't have to have it in one broker so one broker made me forego trading one worker maybe for oil trading so because different brokers will have different promotions for different things and then when you go to one broker you are stuck there I want to go there because of gold but when I trick her as he gets heated a mess so what you do is you Dennis worry about yourself right go say for today there will be a lot of brokers today right okay ask them for their expects for example the specification for good trading for example is it the same as cool trading is it so you see the same as currency trading the leverage is the same okay so those things you have to come in mind when you're ready especially cool okay so to spread among the space a bit big but it's not because you compare with currency that's a problem my goal is 20 different category okay so those things here keep picking it out okay so 32 my changes now we were looking for okay so reversals okay sideways market we look for reversals trending market we look for break cost okay so we will sauce okay so this one is we okay so it's why the break-up one on the right side is before the break-up left side before the reversal so sometimes patterns sometimes would be a bit small reverse a bit I'm a bit small what you do is you go for check that's laptops number bottoms in diversity in shoulders for example or continuation patterns okay so continuation patterns you look at the Fibonacci levels okay so if you say you like to use the Fibonacci try to add in the level of 76.4 the same way this is where for is not default right it's not default because after 61 point that's only 100 so you have a gap there in between okay so let's see if you try to add in seventy six point four then you see between 0 and 100 you see that you'll be symmetrical right so 0 3 2 P something sorry 20-something 30 something 15 15 6 1.8 76 and 100 usually like for me what I do is our I will delete the 0 and 100 so I just left with five levels Fibonacci so continue on keep forgetting I need to put them okay so let's see you are in two indicators you don't look at them because you're lazy to plot things right indicators also we have will have different indicators for different type of markets so some traders they neglect to understand this deeper right so when when you go to UM before you open the indicated when you get the list they are also sucks something's trending oscillators okay so people will be like some people they don't know what are the importance of those things okay so let's say the market is this this would be the trending market okay trending market of both of eternia macular so both trending my kid what the best some of the best that you can use this idea to Bollinger Band Oh parabolic right so for training markets so you can see from the example right so training my case when you use these two will be the best right so let's say for a Bollinger Bands you can actually use for ranging market so I'm not getting a sideways good Nobel in Japan bully Jukka as well okay so because Bollinger we call this as dynamic support resistance the other name for volunteer band is dynamic support easy steps okay so demand the center editing the reason okay so you have a resistance you have your pivot you have your support alright so as long as it doesn't break resistance yourself as long as it doesn't pick support you by okay let's say you like to use Bollinger Band try not to use indicators by itself Gangu no indicator song you do Kelly if possible use with technically I say for example support and resistance Oh Freeborn Artie in a big effort Lucas City kid okay tried try not to leave your chat blank my dad one thing disappear alright so let's say maybe using the Bollinger Band you put in your trendline and so whenever the trend line crosses with the Bollinger maybe it's a hidden for you as well because when you use Bollinger by itself god I gotta keep it awkward sometimes we get scared ritual can I really sell there right but if you add on maybe your support resistance trend lines okay those things actually help more when you are trading okay so let's say for ranging market yes I waste market you can actually use more to us because clastic so RSI relative strength index hey so if you hairy enough you can see combine both and put in one make it more heavy okay so let's say for this one both just at the same chat okay so you can see that both are showing different things right stochastic will show you more signals but not as as accurately yes alright sigh okay so RSI is not worth looking for yes you can actually draw a trend line in the RSI if you like to it will give you more confidence draw you have to taunting your chat don't think more to agenda let's say for this one you can draw the trend line so you can see you can literally see if the market is trending uptrend or downtrend okay and sometimes if you draw from top to top bottom to bottom you can actually find that virginian converging as well okay so those things are additional okay alright so let's say your focus more towards the goal because topic here is today's goal okay you can actually add in another Charter which is the u.s. dollar index okay depending on your broker the code might be different okay you have to ask your broker what is your code for the u.s. dollar index okay so if you let's say you want to know is it the correct chatter are you looking at the correct check okay so usually the course is around 90 something okay so you say for example the SNP would be around 1000 1300 hours or something Wall Street the tea will be around 40,000 something the numbers would be be no mood to be Sasuke okay but for u.s. dollar index the number would be a bit smaller he should be running the level of 90 okay so what does it do is it actually it's a mirror image of the goal market and with it's actually the below market is the cool market is actually a mirror okay US dollar market the US Dollar Index consists of USD vs. six currencies it's a bit different right so let's say you did one versus one even when you do goes up doesn't mean gbp/usd Moscow also okay but for US dollar may never you are trading the non-farm payroll FOMC for example so those those USNews wait you'll be entering them your next question after you enter is how long should I hold I'd approve your loss depending how long should I hold a profit so you what way can you find a guidance you will you be using the US Dollar Index as long as the US Dollar Index going up USD is still strong sit on a bullish market so any stats to go down then you know what to do alright so usually for USD and go it will be a mirror image my USD is going up go screen now USD sigh this goal will be also sideways okay so but if you can open your mp4 and look at both shots today maybe look at just last week smooth mode you can se see they are doing the same thing in the US dollar in this going up and goal is going up so if you can then if you notice then there will be your next question to me why is it doing that okay because your us I never thought to trade then sadly open take away different yesterday one alright so last week's movement or momentum is based on D FOMC right so if you notice after the FOMC statement which they say they don't want to increase the rate high right after that if you follow all the central bank's meeting they also didn't increase carry okay so there is the continuation from the US us dozen us seldom that's a they seldom don't increase the interest rate last year they increased how many times four times all the all the way to hole you increase it four times at the end of the year degrees twice from 0.25 decay rate of 0.5 0 right so it was a bigger movement okay but for the stuff of this year they didn't do anything so it didn't do anything believe it that what will be the increased interest rate clearance event occurred why why do I can I also don't do anything so you can see all the interest rate if you can you go back within this management you still look at the chest look at the timing of the interest rate everything was going down with Australia didn't increase New Zealand because they own everything for two years two years okay you row didn't GBP didn't GBP is because my Sheila as long as a base it doesn't sector then they know what they want they cannot do anything press it is poison to be right again you look at you look at you say miss market it's not a trending market usually major currency smooth let's write a market but if you look at USDJPY say miss market it's a bit different special okay smile omelet amber lucky money what was very freaky okay and then chef Anita you ready chef you just by the twist by every trace by you just pull your feeble retrace by your trace value trace by going out west season front don't not doing anything okay Canada symbol you just look at oil oh it's good can you never be good so that day when Tina was on a Wednesday or Tuesday where there was the Bank of Canada's meeting plus the oil inventory so for they say K not not increasing right so you ge you get Wayne up Tennessee infantry for all good you can go down on the same hour so there will be some connections for fundamental to us the currencies okay so coming back to here I like to drag that story along coming back to here why is the USD and gold going in the same way so the is that I said spin just now it's data from the US FOMC okay so USD there right so all the other currencies I could not increase with us all right let's get to increase the rate high okay when this we Andy has kept to increase the rate high wait that's the impact investors go go good good because everything doesn't tonight in rate hike because if you rate your high so if you equate your interest rate investors will come in because do they see the economy is growing okay so but all the central banks are could to increase because USD doesn't increase okay so when it does increase they don't they just don't increase invested you know where to go they go cool so they will go to waste they will go to Gold Plus USD because they they are investors of euro for example they say you're not going up and you see they will go for US dollar goes Google will go up as well so it's not intended Rita Bali it's a big moment so it will continue on for me and I did one or two months until the next interest rate for us for FM Scylla so next FOMC let's see what happens so you should be around and I do two three months that's a record so we didn't get three months we did the next three months what you need to do look at us data look at the FOMC that be the NFB sorry non-farm payroll data right look at Consumer Price Index CPI data okay PPI so you need CPI CPI CPI forgotten a few more right so those indicators will have into coloration meaning that if let's say the on fun was good CPI will be good CPA very good cpe PPI very good teasing Price Index would be good so it has internal correlation so when everything is good inflation will be stable so an inflation stable for three times for three months economy is good economy is good FOMC will see right settle so we didn't the first three months the generally for very much mercy to data it was not doing good not too good based on the non-farm all those data's we're not doing good okay so if you let's see you like to trade the FOMC just follow the cycle starting for because the cycle is one month before the next and for before the next non-farm payroll all the data will show what is happening for the one month okay so that is the difference between you looking at us data and other currencies that are because quite it's quite stagnant not much movement but for us that's the best because they are that I is actually in detail okay right so if you have any questions you can just raise up your hand and ask me because I spoke nonstop paneer right so okay so this one is a bit different it's not it's not technical cause I haven't finished technical yeah okay so this is still technical this one is my own indicator so let's see you are keen on trading goal scappini just was copying right so because this one is based on the the support is he says they're actually three supports three resistance for one day based on the brief point okay based on a pivot point which is the yellow line okay so there will be three resistance entries for one day right based on the three markets that we have Tokyo London and you know okay so the SNR is based on the volume per market meaning that let's say for example from the opening price to us really priced then going to Tokyo market it will either go to our one OS one and so every day you'll be doing the same thing so you know if it's going out you just wait because my gold market is Sam is market so when it goes down to support you just wait for a bullish reversal you enter by then your hole all the way something like this right so if you're interested please do let me know okay and you can actually couple it with the time zone which is you know what time is it sometimes some traders would be like take you three or chlorine let me know piranhas how can you not know take eleven eleven nine eighteen US Open I do not just not new Stalin ready oh you didn't notice it okay so some traders did sometimes they get forget it all right so this indicated a they will match both right so they are matching say call it okay technical set oh yes fifteen three fifteen minutes one five one five right so let me come back to it so it's a 15-minute chart because it's motorized it's copy you can use it for and five minutes as well if the market is really really slow especially in the Tokyo market sometimes in my case we need to log and lambesc in a pickup right so you can use it in the 55 minutes as well if you want to right then you don't have to set up anything because it is automated and it will you will follow the opening price of every day opening price up opening or pre market straight away this there are support Isis will come up because the formula is based on the opening price and you can't use this on other things if you use it on other things you may be okay so this is the indicator right so fundamentally just know what the five minutes the FOMC fundamental again so but fundamental for commodities is a bit different fundamental for currencies is easy you look at economy but for communities you have to know about the item button to support the kinetic reaches cost combined cost Pengelly and sorry for goal is cost Pengelly and then a galley master rapid Cosby so the mining cost we call it for the coal is the mining cost how much is the mining cost okay so this order Caramella right economy is good interest rate rate hike then continued on even if economy is not good they will cut the interest rate because to build up momentum okay so interest rate is based on the economy if economy is good they want to tone down tightening they want to limit people from borrowing from the banking so they will increase the rate cut up in German by Maha they cannot pin jammer anymore but when economy is downwards we want because banks didn't want their money to be there they do one catch to be in the banks they want money to roll right so when economy is down they will lower the interest rate abouna to roll in German Minjae Dillagi senang if you are easy for you to take uploads okay so take up loans here doesn't mean they take a loan for your house or for your car alright so take that loss for businesses okay it's a bit different doesn't mean okay industry to dunkey next man can buy a car cheap no okay sorry it's for business SME for example right because why because we want the money to roll all right so we want my intro when interest rates are low people will keep borrowing went in to say his high people were stop borrowing but investors will come in the importance of interest rate now is keeping an investor muscle for Ag for country euphoric for a country to boost the economy the money must be inside not coming up there's an issue that's what we get for us we got kick you the deposit in USD right so we as a country we need money to be inside the country right so we need investors to pump in the money okay so when interest rate goes up meaning the economy is doing good so every so investors will come in but when it's being cut investors well come out alright so basic okay so those are the basics I'm trying to explain this now okay so this now must be based on the currency now is based on the goal itself alright so any communities that you trade on you have to know the cost you a trade all you have to know the cost of our entry so I have been coffee what else silver platinum okay you have to know the cost corn so yeah okay you need to know the cost because we are still mining the item you are still mining to get messy Magali don't mean cherry Baron decibel so costume when JD sang that song happen thing whereas where we need to know the minimum where will the market drop before bouncing back up okay so the problem is cool is the cleaners are all private mining it's not government base okay so we need it is everybody on it's different okay when you have more money when you have more mines your cost is low and you have only a few mines your cost is a bit higher okay so what you can do on your chart is you'd put a support you put a center as around level one zero four zero and have a look what happened last year as you can see the market drop and bounce back all the way up and never return from that pricing again okay so meaning here is sick color like like this caliper on let's see we didn't see oh goodness you suddenly drop to that level of area try not to sell again to sell more all right putting a bit more put in by let it let it let it run again because commodities won't go down it's like property ler that's when you buy property the price will keep increasing okay same goes for this example you wanna trade oil for example okay crude oil you have two levels that you need to know 4422 mmm okay so 44 is the cost of oil rigs twenty-two is because of if your Ennis in Saudi you go to your you go to your back of your house you dig and oil comes up your course is the cheapest but for us for the the companies that that mine they go for oil beers is using the oil rig so their cost is a bit higher right so they have their even the oil rig is causing around 1 million for the oil rig Assaf okay so whenever they produce the oil they have to process it so process to the where they will do where they will go come back to Canada okay so the connection is there okay all right okay any questions so far no how many minutes do I have now another 20 okay so where would the market go next okay I need to find my assistant assistant I need to assistant assistant pa pa assistant lieutenant phone dear sister huzzah huzzah huzzah huzzah please huzzah miss PA miss PA miss PA - D - D so that's irrelevant yet I'm Effendi miss P phone your phone okay so if you have your empty for on your phone you can open the gold chat and we can at least see what we need to see for next week okay so you can actually open the you let's say we open the US dollar chart and sorry the Google chart okay so if you traded yesterday the USD GBP write GDP was good going down if you didn't close then you float because the market went up afterwards right so it was as you can see the market doesn't want cool to go down anymore it so scaring me is is wrong you can put a level of one two nine zero okay for a resistance area okay then you can put one to it zero actually for a support area okay and you can put one two seven zero another one for support area okay so if you put one two zero one three one two nine zero one two zero one two seven zero you can use the h1 and above to look out zoom in back okay as you can see the market is moving within the certain range okay so for gold the best way of trading gold is using support/resistance and using the big round number BR and okay no buggin up it's calling Emily is nobody now okay not numbers okay so it moves within a certain $10 range that is the best for gold okay within one day it will move within a certain range you can actually trade we didn't certain support resistance for scalping okay so let's say if you look at last we didn't we did within this year it's reading this manner from the 14 April okay until yesterday actually the monkey was moving sideways from one to eight zero one two seven zero all the way right up up in and up and out okay so it is actually quite fun to trick goal if you know where trade okay so you don't really need to know like jump you don't have to go to to specific what you can do for support assistance is you plot in every ten dollars for for intraday for intro no problem if you go smaller the timeframe you go 30 minutes 15 minutes you can put in every five dollars and then you can go for scalping okay because based on the spread as well I guess we need to cover the spread $5 movement okay quite good for maybe we didn't from London to New York market Tokyo market we will be moving or quite quite small usually around $3 to $4 if you're lucky enough if not maybe floating under know your market okay so if you notice the movement is a mirror image when your mood trading from London to New York market so if the London market is bullish for gold New York market usually will be bearish because it is against the US dollar because meaning that whenever goal is going up USD is getting weaker so when New York opens USD is weak people will buy the US dollar tip that moment so when when people buy US dollar us be going Google will be automatically going downwards simple as that for that day itself there tomorrow we just repeat the cycle if there's no fundamental news so if that's fundamental you have to look at the data okay so to look at the data you look at previous US data what happens before okay so another five minutes all right thank you okay so I need to skip everything so if you have any more questions because this one again this one is a homework if you interested to know okay long term yes it okay alright so you can actually meet up with my assistant afterwards of me afterwards okay I have a telegram group right it's open putting my energies on a daily basis within there okay so you can meet me after a more or more towards a trainer actually I'm a market analyst / trainer yes do classes workshops Amenas all that the new webinars classes physical classes okay right bricks okay one of the holiday and one of the homework that you want to go for right this is what was the currency now why is because okay this one the him here is how do we defeat the US dollar mean how do we how do we make the US dollar week but it's more to us long term okay so if you note bricks biggest all five countries trading against each other without using the US dollar case when we trade local globally we need to use the US dollar anything that we do is US dollar so even though the US dollar is the highest step highest step is it okay us even though US has the highest step in the world the currency is still the strongest so you need to know why why is it still the strongest currency can Apple it's about keep my same guna candy right so because it is still stable okay so sentiment if you want to go to a sentiment you can actually look at the fear and greed index okay so sentiment is more to us instinct where the market might be going okay me because we go for free I do feel agree when we are in grid mode we will buy the US dollar ok US dollar is great but when we are in fear we were good safe happens right so safe events Japan Japanese wah a Japanese yen risen from goal tree okay alright so feel angry this is what was the sentiment okay so what is the best if can everything you mix it up everything try to mix everything then you will understand where the market will be flowing the fundamental will be more to a strain market we had the market will be trending towards technical is for you to enter the market and exit the market train my fundamental trend trend what was uptrend okay so you before more twists buying so for you to buy you look you look at maybe support resistance trend lines okay those are the things you have to combine producing fundamental and technical okay and okay so today my sub my sponsor is the same trade effects okay my sponsor for today so they will be having a promotion for today only okay so if you want to learn more you can go to their booth right so from the entrance is the far right okay the far right is there both okay so they have the 10% bonus welcome for today and we actually have a quiz for lucky people for today okay we have five questions whoever gets the questions right we'll get something exclusive from Sam trip okay everybody remember why I say for the whole day open something open one side okay so five questions everybody ready okay okay so I need to be radius know what questions you I asked okay so five questions quite easy boss is there you can you can get you you can give up your name to him afterwards okay so he will give up the prices okay so for the first question except whoever can get whoever raise up your head fastest will get the chance to also low so boss can you help me scatter around look who's the fastest right so first question what are the three types of analysis that we need to know technical right technical fundamental sentiment thank you very much okay about will occur depart the blood through the body instantly I guess Jerry it's take the Bagheera's okay so yeah gimme two-sided a pack a little big booster pack right so if you go to the boob straightaway you won't get this type of gifts okay so next question what was my topic we might end up at the wall because it's not in the in the text actually I substitute so I cannot happen ever made my question - I will say you will do pooja panda right it's okay let me go for another question okay so two types of market movement yes miss let's rock it ranging market any market right correct thank you okay all right so three more to go um let me remember what my slide was it's not restraining my type of market okay [Music] okay for the trend see case is indicated with two questions for indicate Ella okay so this is the indicator what two indicators that I showed just now it is for the trending market that's a trending market right try first okay all right say it again trending market trending like it like this caddy table next one is a yo-yo pony but Tanya plethora you should know ready if the wrong one there's two indicators for the trending what is your been in okay so next one I cannot ask me I do one ready cuz I found a job okay sentiment sentiment market is now setting analysis what are we talking about these two things do we need to cut I put in Apple work and what we look for what and what we in the sentiment market what do we look for feeling good car number four one more one more one more one more right so okay the other one will be the this one is technically a technical for the technical part what do we look if you want to look for a mirror image of the gold or gold currency it's right for the goal for the cool ghoul community what do we look for to look for in Japan yes the index did I need that too much much better all right all right so thank you guys for this for your time all right so if you want to talk more with me I'll be here for the whole day all right so I'll be at the centrist booth at the end okay so if they say you are interested in the indicator edges now let me go back to the indicator one last time let's copy yes so if you're interested in the indicator okay the indicator is actually free with purchase of my book which is on the third page let's now and you purchased the book I will send you the indicators afterwards gate so if you're interested you can come to some trade spin your booth and you can purchase the book okay so the book is actually just fifty ring it 5-0 you don't bring cash you can just transfer do it okay alright so if anybody wants to have a talk I'll be here the whole dealer just find me at same same trick with you booth right so today I'm done okay so thank you everybody for coming if you have any questions please do let me know thank you [Music]

Channel: FINEXPO

Views: 686

Rating: 5 out of 5

Keywords: gold trading, technical analysis, fundamental analysis, Ahmad Izzat, online gold trading, sentiment analysis, analysis, trade, trader, gold, trading, investing, trading gold, gold investment, gold analysis, online broker, investing in gold, invest in gold, gold investing, gold technical analysis, gold trade, trade gold forex, trading gold forex, gold trading basics, how to trade gold, gold trading 2019, gold trading analysis, best gold trading strategy

Id: CD54ajKAatg

Length: 43min 50sec (2630 seconds)

Published: Thu Feb 06 2020