Cryptocurrency Q&A Can gold move 1000 pips a day?

Can gold move 1000 pips a day?

Sara Sara Tue Dec 24 2024 | 7 answers 2059
I'm wondering if gold can experience a significant price movement, specifically up to 1000 pips, within a single day. Is such a large intraday shift possible in the gold market? Can gold move 1000 pips a day?

7 answers

Raffaele Raffaele Thu Dec 26 2024
An ideal range for daily pips in Forex trading is between 10 and 21.

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SolitudePulse SolitudePulse Thu Dec 26 2024
This target allows traders to maintain a steady and sustainable profit stream.

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Stefano Stefano Thu Dec 26 2024
It also helps to minimize the risks associated with overtrading and aggressive strategies.

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CryptoQueen CryptoQueen Thu Dec 26 2024
Achieving 1000 pips per day in Forex trading is an unrealistic goal.

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CrystalPulse CrystalPulse Thu Dec 26 2024
Traders should set more attainable targets for their daily profits.

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