Gold Is Up Kapag USD Is Down? (Newbie Mistakes in Trading Gold)

“May negative correlation ang Gold at USD which means kapag umaakyat ang USD ay bumabagsak ang price ng gold and vice versa!”

Yan ang isa sa mga pinakabasic na matututunan mo if you start trading precious metals.

That may be true sa knowledge level but hindi mo pwedeng gamitin yan sa trade.

Many have tried and burned their account.

This is the same as how newbie traders view interest rates effect pagdating sa stocks at forex.

A country’s currency will rise in value when interest rates are high because higher rates will attract more foreign capital. This will lead to an increase in exchange rates and a strong currency.

That may be true pero you cannot apply that sa real-time and actual trades.

Marami na nagtry at nasunog.

Aakyat nga ang price pero what happens kapag nagdip muna ng sobra bago umakyat?

You can never predict a price movement real-time based on correlation.

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We will teach you how to trade precious metals properly.

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