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GOLD 2 MIMUTE ANALYSIS 100 PIPS

Back in 2022, I had broken my laptop and had been using Tradingview on my phone to analyse the markets for a while. Full video can be found on my tiktok page mysterypips.


GOLD - ADVANCE ANALYSIS ON MOBILE


WHAT IS A PIP?

Points in Percentage - This is a measured move from one price to another - With Gold a pip is 10 cents so for every 10 cents golds move that is a pip. In this case Gold dropped from $1853.00 to $1843.00. This is a drop of 10 dollars, In pips a $10 move in Gold would be 100 pips.


10cents = 1 pip

1 dollar = 10 pips

10 dollars = 100 pips

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