XAUUSD used a simple but powerful top-down approach. Trading forex long-term requires a simple trading approach with powerful money management and simple trading rules combined with the right trading mindset. The ability to read price action and market behaviour is our best trading edge once we have learned risk management rules and correct trading psychology.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.