Introduction to Online XAU USD Trading - Understanding XAUUSD Trading
Gold Trading Education - Instructional Guide for Trading the XAUUSD Metal Instrument Online. In the context of online trading, Gold is universally known by its symbol, XAUUSD or XAU/USD. Consequently, trading interfaces may label it simply as 'Gold' or use the 'XAUUSD' designation.
Learn training lessons and courses - covering everything from the fundamentals of trading to analysis, and finally, key concepts in gold trading. The lessons for novice traders outlined below are categorized into the following Main Courses: Basics, Trading Technical Analysis, and Key Concepts.
Learn Trading
- XAU/USD Introduction
- Accounts
- XAU/USD Online
- Trade Basics
- How to Trade XAUUSD
- Trade Demo Account
- Types of Charts
- Types of Trade Analysis
- XAU/USD Metal Online Trading
- XAU/USD Contracts Leverage Margin & Spreads
- How to Open Chart
- Gold Trading Long & Short
- Islamic Swap Free Trading Account
- Gold News Strategy Method
- Fundamental Economic Data Reports in Gold Trading
- Economic Data Reports Market Movers in Gold Trading
- Platform
- Phone Platforms
- Learn Platform
- Software Workspace
- Buying and Selling XAUUSD
Technical Analysis in XAU USD Trading
- What is Technical Analysis Basics?
- Orders
- Buy Entry Limit Order and Sell Entry Limit Order
- Buy Stop Order and Sell Stop Pending Order
- Charts Using Pivot Point
- Japanese Candles Setups
- Inverted Hammer and Shooting Star Candles
- Examination of the Piercing Line Candlestick and Dark Cloud Candlestick Formations
- Morning Star, Evening Star, and Engulfing Candlestick Patterns
- Areas of support and resistance when trading gold
- Trading with Support and Resistance Areas
- Instructions on Drawing Trendlines and Channels on Trading Charts
- Drawing Upwards Trendlines and Channels on XAUUSD Trading Charts
- Best Practices for Drawing Downward Trendlines and Channels on XAUUSD Charts
- Signals for Trend Line Break and Trend Reversal
- Identifying Market Momentum Trading Using Parabolic Trends
- Types of Charts
- Trading Chart Patterns
- Consolidation Chart Pattern Setups in Gold
- Chart Setups Utilizing Continuation Patterns Observed in Gold Trading
- Reversal Patterns Double Tops and Double Bottoms Chart Patterns
- Head and Shoulders and Reverse Head and Shoulders Patterns
- Drawing Fibonacci Retracement Levels on Upward & Downward Trend
- Steps for Putting Fibonacci Retracement Levels on the MT4
- Techniques for Drawing Fibonacci Expansion Levels in Upward and Downward Trends
- Steps for Adding Fibo Extension Tools in MT4 Program
- Fib Drawing on Charts Exercises
- How to Use Divergence Trading Setups on Charts
- Techniques for Trading Bullish and Bearish Divergences
- How to Trade Hidden Bullish and Hidden Bearish Divergence on XAUUSD Charts
- A quick summary of divergence setups in gold trading.
Key Concepts
- How to Calculate Leverage and Margin in Gold Trading
- How Leverage Increases Gold Profits & Losses
- Leverage and Margin Explanation and Example
- Strategies of Setting StopLoss Orders in XAUUSD Trading
- What's Gold Stop Loss
- Indicators for Setting Stop Losses in Gold Trading
- Stop Loss Trade Summary Gold
- Draw-down and Maximum Draw-down in Gold Trading
- Equity Management Styles and Methods in XAU USD Trading
- Market Hours
- Best Time for Trading XAU/USD Metal
- When Not to Trade Gold
- Types of Traders
- Setting a Trade Schedule
- Distinct Characteristics of the Three Primary Global Market Trading Sessions
- Tips for Improving Trading Results of Trading Systems
Charts - Charts
The chart shows gold prices. Traders use it for analysis. The symbol XAUUSD or XAU/USD plots gold against the dollar on a grid. It tracks price moves. Tools and studies help analyze trends.
Price Chart
About Charts - Charts
By analyzing the chart above, a trader can swiftly ascertain the trend of trading prices based on the movements depicted in the chart.
The first part prices are heading upwards in an upwards trend, they then start to move down in a downwards market trend & then finally the prices move upward in an upwards market trend.
If you're new to gold trading, you'll need to learn how to read the market by going through the XAUUSD tutorials on this site.
Examine More Courses & Topics:
- Listing of XAU/USD Symbols Available in the MT4 Market Watch Window
- What's GBP CAD Pip Size?
- Average True Range (ATR) Trading: Buy and Sell Strategies and Indicators Checklist
- How to Use the MT5 Chandes QStick Indicator
- Trading XAUUSD Using the MACD Fast Line in Conjunction with the MACD Signal Line
- Methodology for Using the Kauffman Efficiency Ratio Indicator in Forex Trading
- Aroon Gold Indicator Analysis on Gold Charts
- How is US TEC 100 Indices Traded in the MT4 & MT5 Software?
- Multiple XAUUSD Strategies That a XAU/USD Trader Can Trade Gold with
- What are Linear Regression Buy & Sell Trade FX Signals?
