Who's buying gold?


1. Central Banks

Central banks (like the U.S. Federal Reserve, the European Central Bank, or the People’s Bank of China) often buy physical gold for their national reserves.

They do this to diversify away from currencies (especially the U.S. dollar) and to protect against inflation or financial instability.

Example: When the global economy looks uncertain, central banks tend to increase gold holdings — this raises gold’s demand.

2. Commercial Banks & Investment Banks

Large banks like J.P. Morgan, Goldman Sachs, HSBC, etc. trade gold futures, options, and spot gold to make profit or to hedge client positions.

They can buy or sell depending on their trading strategies or clients’ needs.

Example: If clients are buying a lot of gold ETFs, the bank might hedge by buying in the spot or futures market.

3. Institutional Investors

These include hedge funds, pension funds, mutual funds, and ETFs (like SPDR Gold Trust - GLD).

They buy gold when they expect:

Inflation to rise

The U.S. dollar to weaken

Geopolitical risk to increase

Or simply to diversify portfolios

4. Retail Traders (like you and me)

On Forex brokers (e.g., XAU/USD), the “gold” you trade is usually a CFD (Contract for Difference) — not physical gold.

Retail traders buy when they expect the gold price to rise against the USD.

Collectively, retail flow adds liquidity but has less influence compared to big institutions.

5. Jewelry & Physical Demand

Countries like India and China are huge buyers of physical gold for jewelry and investment purposes, especially during wedding and festival seasons.

This type of demand also supports prices in the long term.

In Forex (and all markets), support means there are buyers (demand) strong enough to prevent price from falling further at that level.

Here’s how it works in simple terms:

Support = Demand Zone = Buyers’ area
When price drops to a support level, buyers step in, causing the price to bounce or at least slow its fall.
Traders think, “Price is cheap here,” and start buying.

Resistance = Supply Zone = Sellers’ area
When price rises to a resistance level, sellers step in, causing the price to stall or reverse.
Traders think, “Price is expensive here,” and start selling.

So yes — when you hear “price is testing support,” it means the market is checking whether buyers are still strong there.
If the support holds, buyers are winning.
If the support breaks, it means buyers ran out of strength, and sellers have taken control.

How to trade
H4 Candlesticks

Once you master H4 candlesticks, move on to H1, M30, and M15 candles.

So the wicks of the candlesticks are just pullbacks. Now you know.

Banzai wrote: Sun Sep 21, 2025 11:59 am How to trade
H4 Candlesticks

Once you master H4 candlesticks, move on to H1, M30, and M15 candles.

So the wicks of the candlesticks are just pullbacks. Now you know.

Is Hs_reversal RSI based indicator?

Sutatong wrote: Sun Sep 21, 2025 9:12 pm Is Hs_reversal RSI based indicator?

We don’t have the source code so we don’t know exactly what it’s based on.

It's very closed to MACD (4,10,5). So I think it's based on a MACD.

Banzai wrote: Mon Sep 22, 2025 4:58 am We don’t have the source code so we don’t know exactly what it’s based on.

It's very closed to MACD (4,10,5). So I think it's based on a MACD.

Thank you.

gold signal daily

gold signal daily