The video offers a solution for beginner traders who often make mistakes while analyzing gold prices, leading to incorrect predictions. The trainer shares his process of analyzing trends, cycles, and order blocks, with a focus on H4 and EMW 90. He also highlights the importance of using technology like Eye of Future to forecast price movements accurately. As proof, he shows how his previous analysis correctly predicted the gold price surge on 13th December 2021. Astronacy also recommends using Orbitrade for trading, which guarantees quick execution and minimal slippage.

How to Make Accurate Analysis in Gold Trading: Tips for Beginners

As a novice trainer in the gold trading world, you may have been struggling with making accurate predictions and analysis of whether the price will go up or down. It’s a common problem for many traders, especially beginners. In this article, we will give you some tips and tricks to help you make better and more accurate analysis when trading gold.

Know the Big Trend

Understanding the big trend is key to making correct predictions in the market. You need to familiarize yourself with the direction of the big trend, whether it’s bullish or bearish. With this knowledge, you can make informed decisions about buying and selling gold.

Focus on Cycles

Cycles can be a great tool to use when trying to make an accurate analysis of the gold market. Knowing when the market is expected to go bullish or bearish gives you higher probability for a successful trade. For example, if you know that the retrograde of Mercury is going to cause the market to be bullish, then you can use this information to guide your trades.

Observe Action Process

Before making any decision to buy or sell gold, it is important to observe the action process. This includes knowing the areas of the trend, whether there are any order blocks or supply and demand areas, and whether there is any order flow.

Step-by-step Analysis

The key to making accurate predictions in gold trading is through conducting step-by-step analysis. This includes first identifying the big trend, followed by analyzing cycles and then pointing out areas where there are order blocks or supply and demand. Once you have a clear understanding of the trend, it is easier to determine the critical points that will help guide your trade decisions.

Using Advanced Technologies

Using advanced technologies like the Eye of Future tool can provide you with a clear roadmap of where the price of gold is expected to go. It can help give you a better understanding of market trends and can improve your ability to make accurate predictions.

Conclusion

Making accurate analysis in gold trading takes practice and patience. As a beginner, focus on understanding the big trend, observing the action process, and using cycles to increase probability. With these tips and a bit of time, you’ll find making accurate predictions getting easier as you go.