Forex Trading Xauusd -
When the Fed raises rates, the USD usually strengthens, pressuring gold. When the Fed cuts rates (easing), the USD weakens, and gold rallies.
On daily and 4-hour charts, the 200 MA acts as a clear bull/bear line. forex trading xauusd
Do not use 50:1 leverage on gold. Use 10:1 or 20:1. Your stop loss should be at least 500-800 pips away, not 50 pips. Tight stops get hunted by market noise. When the Fed raises rates, the USD usually