How to Trade Gold for a Living

THE HISTORY OF GOLD AND ITS ROLE IN THE GLOBAL ECONOMY 

Chapter 1

Historical Advent of Gold as Currency 

Evolution of a Gold-Based Economy 

Gold Standard 

Gold Standard in the Modern Era 

Gold for the Small Value Investor: Inverse Correlation 

Chapter 2

AN OVERVIEW OF THE GOLD MARKET AND KEY DRIVERS OF PRICE 

What Drives the Price of Gold?
Central Bank Reserves
Value of the U.S. Dollar
Worldwide Jewelry and Industrial Demand Wealth Protection 

Investment Demand 

Gold Production 

Chapter 3

DIFFERENT TYPES OF GOLD INDICATORS AND HOW TO USE THEM 

Indicator 1: 

Bollinger Band
What Is a Bollinger Band?
How to Calculate Bollinger Bands?
What Does Bollinger Bands Tell You? 

Breakouts Squeeze

Indicator 2: 

CCI (Commodity Channel Index) Understanding the CCI
Special Considerations
Multiple Timeframe CCI Strategy

Indicator 3: 

Stochastic Indicator
Price Action
Relative Strength Index (RSI)
Reading the Chart
What Are Stochastics?
How Can I Use Stochastics in Trading?
What Is a Stochastic Stock Chart?

Indicator 4: 

Awesome Oscillator Construction of Awesome Oscillator
Working of Awesome Oscillator
Trading Technique: 

1. Twin Peaks
2. Saucer Strategy 

3. Crossing Zero Line 

Chapter 4

COMMON MISTAKES TRADERS MAKE WHEN USING INDICATORS 

1. Not using the right timeframe
2. Not combining indicators
3. Over-optimizing
4. Not considering the market conditions 5. No backtesting 

6. Relying too much on indicators 7. Not knowing when to exit
8. Not keeping up with changes 9. Not being consistent 

10. Not having a plan 

Closing Remarks