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Gold trading strategies are vital in maximising gains from this valuable asset. Here are 6 key strategies you should know.
Which gold trading strategy focuses on long-term perspectives and is less concerned about short-term price adjustments?
A.Day Trading
B.Trend Trading
C.Position Trading
D.News Trading
What type of events do gold traders pay attention to in the News Trading strategy?
A.Economic data releases and central bank meetings
B.Company earnings reports
C.Political rallies
D.Weather forecasts
In which gold trading strategy do traders focus on a specific time or session during the daytime?
A.Position Trading
B.Trend Trading
C.Day Trading
D.Price Action Trading
What is the main characteristic of Trend Trading in gold trading?
A.Reliance on long-term perspectives
B.Analysis of trend directions and technical indicators
C.Decision-making based on news announcements
D.Making decisions without using technical indicators
What event significantly impacts gold prices in the News Trading strategy
A.Quarterly earnings reports
B.Central bank meetings
C.Weather forecasts
D.Industry conferences
In which strategy do gold traders make decisions based on past asset prices without using technical indicators?
A.Price Action Trading
B.Day Trading
C.Copy Trading
D.Trend Trading
What factor is NOT considered in Trend Trading strategy?
A.Analysis of trend directions
B.Technical indicators
C.News announcements
D.Price adjustments
Which strategy is NOT considered as a strategy in gold trading?
A.Pair Trading
B.Copy Trading
C.Trend Trading
D.Price Action Trading
Gold trading strategies are vital in maximising gains from this valuable asset. Here are 6 key strategies you should know.
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