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Daniel Foster

Verified Expert: Gold and Commodities

Member since September 2025

5,240Points

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Why does crude oil jump when inventory reports come out? Weekly US inventory data is usually published on Wednesdays and shows the change in crude stocks. The market trades on the difference bet...
How much should I risk per trade on XAUUSD? It moves so fast. Use the same risk percentage as on other markets, but size the trade for gold's larger moves. On most brokers one standard lot is 100 oun...
What moves the price of gold (XAUUSD)? Gold has no single driver. The most watched ones are: Real interest rates and the expected path of central bank rates. Gold pays no inter...
Do ICT and smart money concepts really work? Be careful and test it yourself. Smart money concepts describe ideas such as market structure, liquidity sweeps, order blocks and fair va...
Which trading session is best for EURUSD and gold? Yes, it matters. The most active hours are usually when London and New York are both open, roughly from 1 pm to 5 pm London time. Liquidi...

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