Trading buy and sell XAUUSD
To buy & sell xauusd you will need a account and with this account you can buy & sell instruments in the market by XAUUSD.
How to Buy & Sell in XAUUSD
- Find a online broker.
- Open a account.
- Fund your trading account.
- Start placing buy & sell trades with your broker.
How to Buy & Sell in XAUUSD
Time to Trade Gold
Most traders trade the online market when there is an overlap of the Europe and US Market sessions and this is the time when both of these financial trading centers in Europe & US are open.
These Best Times of Day to Trade XAUUSD is when most online trade transactions take place & this provides traders with the liquidity required to make profits from the xauusd rate fluctuations that happen during these market overlap times.
Below is a table illustrating schedule of Market Sessions.
The 3 Major Gold Market Sessions are:
- Asian Gold Session Hours ( Tokyo ): 00:00 - 9:00 GMT
- European Gold Session Hours( London ): 7:00 - 17:00 GMT
- USA Market Session Hours( New York ): 13:00 - 22:00 GMT
Best Times
There are hours when 2 market trading sessions are overlapped:
London + Tokyo session market overlap - 7:00 - 9:00 GMT
New York + London xauusd session overlap - 13:00 - 17:00 GMT
At these over-lapping market hours you'll find the highest volume of trades and therefore more chances to trade xauusd during these hours.
This means that most of transactions is happening between the London session and USA sessions. Naturally this is the best time to trade xauusd.