Risk Management & Psychology
6 min read
Managing Drawdowns: Recovering from Consecutive Trading Losses
The math of drawdown recovery is harsher than most traders realize, a 50% loss needs a 100% gain to break even. How that math should actually change your behavior after a losing streak.
Market Structure
7 min read
The Role of BRICS Pay and Sovereign Gold Reserves in Global Trade
Proposals for BRICS-linked trade settlement systems keep raising the question of gold's role in an alternative to dollar-based trade. Separating the proposals from what's actually operating.
Macro & Fundamentals
8 min read
How to Read Level 2 Market Depth and Liquidity Pools in Bullion
Level 2 data shows the actual resting orders behind the price, revealing liquidity pools and thin patches a simple candlestick chart never displays.
Technical Analysis
9 min read
Trading the US Market Open (13:30 GMT) Volatility Expansion
The US cash equity market open at 13:30 GMT (9:30 AM ET) regularly triggers a volatility expansion in gold as US-based institutional flow enters the market.
Scalping & Day Trading
6 min read
Calculating Risk-Adjusted Position Sizes Across Multiple Pairs
Sizing each position by a flat percentage risk works fine for one trade at a time, but breaks down once you're holding correlated positions across gold, silver, and their EUR pairs simultaneously.
Risk Management & Psychology
7 min read
Understanding London Gold Fix (LBMA) and AM/PM Benchmarks
The LBMA Gold Price benchmarks, set twice daily in London, quietly settle a large volume of physical and derivative contracts and often coincide with short bursts of volatility.
Market Structure
8 min read
Central Bank Rate Hikes vs. Real Inflation Dynamics
A rate hike alone doesn't tell you what gold will do next. Whether the hike is keeping pace with inflation, or falling behind it, is the variable that actually matters.
Macro & Fundamentals
9 min read
Using Exponential Moving Average (EMA) Crosses on 15-Minute Gold Charts
EMA crosses on 15-minute gold charts generate frequent signals, most of them low-quality. A simple higher-timeframe filter removes a large share of the false ones.
Technical Analysis
6 min read
How to Trade the Asian Range Breakout in Silver (XAG/USD)
Silver's Asian range breakouts behave differently than gold's, the moves are proportionally larger and the fakeouts more punishing given silver's thinner liquidity in this session.