// HOW-TO GUIDE
20 min READ
How to Trade Gold (XAUUSD)
Gold trading is not for the faint of heart. It is highly volatile and respects technical levels with precision, but it can also "wipe out" accounts in seconds during news events.
01
Understand the Dollar Correlation
Gold is priced in US Dollars. Generally, when the Dollar is strong, Gold is weak, and vice versa.
02
Identify Supply and Demand Zones
Gold respects historical support and resistance better than almost any other asset. Use the Daily and 4H charts for your levels.
Common Mistakes to Avoid
- /Using too much leverage (Gold is 10x more volatile than many FX pairs)
- /Ignoring geopolitical news
The Drawdown Way
Our Risk Calculator is specially optimized for XAUUSD pip value calculations.
Questions & Answers.
What is the best time to trade gold?
The New York session (from 1:30 PM GMT) is when Gold sees its most significant and trend-defining moves.
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