gold is bearish. 2024 is our target
we can sell gold at 2036 with sl of 2041 and tp is 2024.
Gold is a highly liquid trading instrument. The average daily trading volume for Gold in 2021 is estimated to be $130 billion. Gold is traded in multiple hubs and most of the trading is done over the counter.
The benefit of trading a highly liquid trading instrument such as gold is that the spreads will generally be lower (for example, compared to Palladium and Platinum, which are far less liquid) and traders will be able to execute large trades without moving the market too much.
While gold can certainly be volatile, most of the time the market is liquid enough to prevent too many erratic price movements.
Gold is a highly liquid trading instrument. The average daily trading volume for Gold in 2021 is estimated to be $130 billion. Gold is traded in multiple hubs and most of the trading is done over the counter.
The benefit of trading a highly liquid trading instrument such as gold is that the spreads will generally be lower (for example, compared to Palladium and Platinum, which are far less liquid) and traders will be able to execute large trades without moving the market too much.
While gold can certainly be volatile, most of the time the market is liquid enough to prevent too many erratic price movements.
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