For trades such as stocks, futures, or forex, stop loss is a part of the trade, and it only works for investors if there is a stop loss in each transaction and it is adhered to. Today, I bring you a 3:1 gold stop loss rule, hoping to help with your investments.
Stop loss is a way to minimize losses in current market trades and is frequently mentioned. However,...
Here we will use the United States as an example since it is a major world economy with significant influence and weight.
Point 1: Release of important data
For instance, the release of US non-farm payroll (NFP), employment data (ADP), initial jobless claims, CPI, GDP, PMI, etc. all have varying degrees of impact on the price of gold.
Often, the release of...
