NOis it the right time to buy gold?
What do you think about Gold in the future? today I see gold drops as the USD strengthening, seems rumor about the Fed will increase the interest rate in March give a good impact on USD.I think you are trading CFDs.
for gold futures, we don't use pips. we use ticks.
1 tick =0.1 point.
your profit is 3 ticks, not 34 pips.
today the gold movement is extremely extremely tiny.
gold traders are probably waiting for the Fed news.
You should be around when the Fed talks in a few hours time.
The average gold day range is ~150 ticks.
Do note that you stretched your Y-axis far too much.