Learn to Trade XAUUSD
On this web site the lessons provide easy to understand information about xauusd, how xauusd works, fundamental analysis, technical analysis & a list of indicators used to trade xauusd. These concepts will help beginner traders to learn about trading concepts that are required to get started in gold trading.
This learn xauusd tutorial will explain to the trader the insights of the trading market. This learn xauusd tutorial will explain the details of how the market works. The Trading basics will also be described in this tutorial so as to give the beginner traders a good begin in trading.
In XAUUSD there are two analysis method used to analyze market moves. These methods are Fundamental analysis & Technical analysis. Most traders select one method to follow that method when analyzing when to buy or sell in xauusd.
XAUUSD technical analysis traders will use charts to determine when to buy or sell a xauusd. Technical traders will need to learn understand different chart types & how to determine the market trends from these chart types.
Technical traders will also use indicators which will be used to figure out the market trend of the trading market. A list of indicators & how to analyze the market using these indicators will be covered on the technical indicators section of this site.
The Following are the basic concepts beginner traders require to learn before starting to trade the market.
How Does Gold Work?
Xauusd trading is the buying and selling of xauusd in order to make profit from price moves.
XAUUSD Terms
Traders will need to learn understand the common terms used in xauusd. Terms like xauusd instrument, charts, trading platform, price quotes, technical analysis, margin & leverage. These trading terms will be discussed on this learn xauusd website on the learn xauusd lessons, basics guides section.
Fundamental Analysis
This is the study of price movement in relation to the economic situation of a country. Fundamental analysis is where traders will open trades after economic new data has been released and traders will open a buy or sell trade depending on if the economic report released is good or bad.
Analysis in Gold Trading
Technical analysis is the study of price movement in relation to chart trends and market trends. The market trend is the general direction of a gold and technical analysis is the study of the momentum of these market trends.
Technical Indicators
Technical indicators are used to determine the general direction of the market as well as determine the momentum of the market trends. Technical indicators list is covered in the indicator section of this website.
Trends
A trend is the general market direction of a xauusd. The trend shows the market momentum of a xauusd. When xauusd start moving in one direction the xauusd continue moving in that direction for some time.
Traders must learn how to determine the trend direction of xauusd in order to know which direction to open trades in. Trends can be determined by drawing trend lines on the charts. Trend lines will show the general market direction of the market if it is up or down and if a trader should open a buy or a sell gold trade.
XAUUSD Charts
Gold charts are used to plot the price movement in the form of a chart representation. This graph representation is used by traders to determine the future direction of price movement of a xauusd.
Orders
These are the various types of orders that are used to trade the market and to open trade transactions in the market. Traders should learn about these orders in order to know which order to open when they want to open a buy or sell trade.
How to Learn Gold
After traders learn about these basics, traders can find more information about these trading topics in the lessons section of this web site, traders should then open practice trading accounts & use these practice trading accounts to learn more about how to trade the trading market. With a demo account traders can practice the various concepts & trade strategies that they learn and they can learn & practice xauusd until the time when they start making profits in their demo accounts after which they can then open real accounts & begin trading the real market.
