Gold Extractor

Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world.

Most commonly quoted in US Dollars is (XAU/USD).

All the times in Forex, Hedge funders and big kids use gold to hedge their basket from market risk. and they use this gold as a hedge. For this reason, gold holds value well and makes it a reliable safe haven like the risk-on risk-off sentiment.

When the USD dollar gets some power, big Kids sell gold to buy US dollar and if the US get down they Buy gold to protect their assets. Generally, gold price tends to increase as stocks and bonds decline.

With technical analysis of live gold prices on the real-time XAU/USD chart, reading economic news of USD and with fundamentals data, you can have a good gain from this shiny metal.

So, why we need fundamental information when we can use Technical analysis?

Because we are talking about safe-haven pairs on the FX market. Gold is like an alive character, it reacts fast to the economic news, reacts fast to change the country’s policies. And react fast to the Inflation expectations of the United States.

Now how we can manage all this information together?

We are collecting all this information as a complex trading assistant panel in our Expert advisor.

The Gold Extractor EA

Gold is a precious metal, a safe haven pair, Gold is an alive creature… So it’s not professional to trade it just with technical analysis.

When the market goes to Risk/ON – Risk OFF, US polity changes, Country bond yield changes, they change all the static technical.

We use online fundamental data and US10Y and Inflation Expectations to trap gold movement using the Scalping strategy + martingale for loss recovery.

Features:

• Nice, complex panel with all functions that you need to have for manual trading.
• You can trade manually with a negative correlation between gold and US10Y with our panel technical data and let EA manage it to close in profit
• Trail function, Auto-close function, martingale recovery, Auto Close with your customized profit.
• You have all the economic news/calendar listed on your chart, on your panel + Session market time
• You have all the Inflation expectations of 13 major/important countries on your chart, on your panel
• EA uses real-time fundamental data and US10Y negative correlation with gold, to reduce the trade risk and good profit factor

Recommendation:

• Use ECN (narrow spread) account – 2 Digit gold price, EA is a SCALPER
• Attach EA on Timeframe M15 or M5
• You don’t need any set file. JUST trade with default setting as we work with default setting in our live signals
• If your broker uses a prefix or suffix (e.g. XAUUSD.a) you should update it in the EA inputs
• The minimum balance is 500$

https://youtu.be/djjtF-jDL-A