Gold Trading Lessons - Introduction to Online Gold Trading
For a beginner trader wanting to learn about how the online gold trading market works, the following tutorials provide beginner traders with a learn gold trading introduction guide that is divided into four main sections:
- How to setup gold trading
- Gold trading basics
- Gold technical analysis
- Gold trading key concepts
Learn Gold trading tutorial for beginners - Learn How to Trade Gold Metal Online.
How to Setup Gold Trading
- How to Install MetaTrader 4 Gold Platform
- How to Open Demo Trading Account
- How to Login to MetaTrader 4 Platform
- Learn MetaTrader 4 Trading Platform
- How to Open Live Gold Account
- Regulated Gold Broker Information
- What is a Gold Trading System
- Moving Average Indicator
- MACD Indicator
- RSI Indicator
- Writing Gold Trading Systems Rules
- Writing Gold Trading Plan
- How to Save Trading System as a Template on MT4
- How to Open a Gold Chart
- How to Open Buy Trade and How to Open Sell Trade
- How to Use MT4 Market Watch Window
- How to Use MT4 Data Window
- How to Use MT4 Navigator Window
- How to Use MT4 Trades Panel Window
Learn Gold Trading Tutorials
- How to Trade Gold
- Gold Trading Accounts
- Gold Trading Demo Account
- Types of Gold Trading Charts
- Gold Contracts Leverage Margin and Spread
- How to Open Gold Trading Chart
- Gold Trading Long and Short
- Buying and Selling Gold
Learn Technical Analysis
- Gold Trading Orders
- Buy Entry Limit Order and Sell Entry Limit Order
- Buy Stop Order and Sell Stop Order
- Japanese Candlesticks Patterns
- How to Draw Trend Lines and Channels on XAUUSD Trading Charts
- Drawing Upward Trend Lines and Channels on XAUUSD Trading Charts
- Drawing Downward Trend Lines and Channels on XAUUSD Trading Charts
- Trend Line Break Trading Gold Trend Line Reversal Signals
Learn Key Concepts
- How to Calculate Leverage and Margin in Gold Trading
- How Leverage Increases Gold Trading Profits and Losses
- Gold Leverage and Margin Trading Explanation and Examples
- Methods of Setting Stop Loss Orders in Gold Trading
- What is a Gold Trading Stop Loss
- Technical Indicators for Setting Stop Losses in Gold Trading
- Stop Loss Trading Summary Gold Trading
- Draw-down and Maximum Draw-down - Money Management in Gold Trading
- Money Management Styles and Methods in Gold Trading
- Gold Trading Market Hours
- Best Time to Trade Gold Metal
- When Not to Trade Gold
- Types of Gold Traders
- Setting a Gold Trading Schedule
- Characteristics of the 3 Major Gold Trading Sessions
XAUUSD Trading Charts - Gold Trading Charts
The chart below shows the price chart of gold (xauusd chart). Traders will trade gold and analyze xauusd prices using this price chart. The symbol for gold in trading is XAUUSD. Therefore, a gold chart will be marked either as 'Gold' or 'XAUUSD' or 'XAU/USD'.
Gold Price Chart - XAUUSD Price Chart
How to Use Gold Trading Charts
A trader will use gold trading charts like the one shown above so as to try and determine the next likely direction of the XAUUSD Prices. From the chart above a trader can determine the direction of the gold prices from the price movements.
A trader will use this gold trading chart to determine if the xauusd gold prices are moving upwards or downwards. A trader will then use this trend direction of gold prices to determine if they will open a buy gold trade or a sell gold trade.
In an upward trend traders will open buy xauusd trades because prices are moving upwards (upward trend) while in a downward market traders will open sell xauusd trades because prices are moving downwards (downward trend).
As a beginner trader wanting to trade gold you will have to learn how to analyze these gold market movements on xauusd trading charts by learning more about Gold trading from the technical analysis tutorials on this learn gold trading website mainly found on the technical analysis section and forex trading strategies section.
