Trade Forex Trading

What is The Best Time to Trade Gold Metal?

Timing is one thing that will determine your success in the XAUUSD metal market & that is why it is essential to find the best time to trade XAUUSD, the best time with regards to activity & volume of XAUUSD trading transactions. This is what we call volatility, when the Gold metal market is volatile it's more liquid - meaning there are more opportunities to trade.

When is the best time to trade XAUUSD metal? The most prominent time is undoubtedly the US & the UK trading sessions, accounting for more than half of the total online financial transactions.

If it comes to major trading sessions: London, New York and Tokyo take up 75 % of market activities. And financial transactions volume is the heaviest when these major market sessions overlap; this is the best time to trade Gold.

Market session overlaps are characterized by high liquidity and the probability of finding a profitable trade is very high. This is because the volume of financial transactions is determined by the number of markets that are open & the times during which they overlap with each other.

Best Time to Trade XAUUSD Market Based Upon Volume & Activity

The best time to trade XAUUSD is when sessions overlap - this is the time when the financial markets are highly liquid because there are more traders participating in the markets, which means more volume & momentum to fuel XAUUSD price trends and trend breakouts. This also tends to be when economic data is released, providing the triggers for the movements in the Gold pair - XAUUSD.

European & U.S. Market Overlap: 13:00 - 17:00 GMT

The financial markets are most active when the two largest trading centers in the world overlap. 80 percent% of the total average daily trade turnover usually occurs during U.S. And European market hours. Just these percentages alone tell day traders that they cannot sit in front of the screen all day: this time alone is enough to make a good profit trading in the financial markets, the best time to trade Gold metal is - the U.S. And European overlap which's between 13:00 and 17:00 GMT.

Asian & European Market Overlap: 7:00 - 9:00 GMT

The next best time to trade XAUUSD is during the Tokyo & European Market Session over-lap - when both the Asia and European traders have the opportunity to respond to European economic news data reports. The London open session is also volatile as European traders normally react to overnight developments.

These times when the sessions over-lap is the time you have to target to trade in order to earn profits, it is the best time for trading the online Gold trading markets.

THE ABSOLUTE BEST TIME FOR GOLD TRADING IS FROM 7:00 TO 17:00 GMT

The best time for XAUUSD trading is 7:00 to 17:00 GMT, this is because the volatility is much higher & opportunities for earning a profit are much more frequent with bigger market moves, especially in these 10 hours. This is when you can make 100-150 pips Profit trading Gold pair.

News Releases / Economic Data Releases

23:50 GMT Japan Fundamentals07:45 GMT Euro Fundamentals13:30 GMT America Economic Figures

During Summer Time these news release times are 1 hour earlier because of day light saving hour.

XAUUSD prices will react more to US economic news reports because Gold is traded against the USD and hence news reports released in the USA Market sessions can provide day traders with good opportunities to trade short-term Gold trends caused by these economic data reports.

Best Days to Trade XAUUSD

Although the online Gold trading market is open on all these 5 business days there are certain days which are considered as the best days and trading during these days will give you the best trading results.

If you want the best time & the best days to trade XAUUSD, then statistics illustrates that Tuesday, Wednesday & Thursday are the best days to trade Gold since the max number of XAUUSD transactions happens during these weekdays.

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