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5 Steps to Make Money with OANDA:XAUUSD Gold with Syd_FaiyazCryp — TradingView


Most traders lose money not because of a wrong strategy, but because they miss important steps before entering a trade.
Gold (XAUUSD) is not a sentiment market – it requires discipline.

The following 5 key steps can help traders increase their potential to make money with gold, which is especially important in today’s highly volatile environment.

Step 1 – Trade Gold Based on Background Not Candlesticks
Don’t enter an order just because it looks “good”.
Gold moves based on liquidity – trading hours – news.

Always establish the market context first:
• Key trends
• Price position within range
• The market “captures” or “allocates” funds.

Step 2 – Trade currency only
If you enter an order in the middle of the chart, there will be no sustainable profits.
Gold is paid in the following situations:
• Liquidity areas
• FVG/Unbalanced
• Premium-Discount
👉 Trade less but in the right place, that’s how money is made.

Step 3 – Timing is more important than metrics
90% of gold’s strong movements come from:
• London Open
• New York Open
👉 If you trade outside the market, you are trading before the money has entered the market.

Step 4 – Small risk, big reward
Winning traders don’t need to win a lot of money.
They need:
• Low risk
• Minimum relative risk is 1:3
• Stop losses quickly – keep profits flowing
👉 Gold only requires one correct order, not many orders.

Step 5 – Protect your profits before thinking about making more money
Making money is not difficult, but saving money is difficult.
• Stop trading after a winning streak
• No retaliation for transactions
• Don’t overtrade after a news release
👉 After a winning streak, money is lost faster.

Gold is not suitable for people who trade frequently.
But for those who trade at the right time, in the right place, with the right discipline.
Fewer orders = more money.



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