When is The Best Time to Trade XAUUSD?

Timing is what will show how well you do in the market, so it is important to find the best time to trade Gold, the best time for action and trade volume. This is what we mean by volatility: the market is more flexible when it is volatile.

The best time to trade gold is during the US and UK market sessions, which collectively account for the majority of all trading activity in the market.

The major trading sessions - London, New York, and Tokyo - account for 75% of market activity. The overlap periods between these sessions see the highest trade volumes and are often considered optimal times for trading.

Gold session overlaps boast high liquidity, creating excellent opportunities for profitable trades. This is because trade volumes rise, influenced by the number of markets operating simultaneously during overlapping times.

Best Time to Trade Based Upon Volume and Activity

The best time is when trading times overlap, because the markets have a lot of activity because there are more people involved. This means more action to help trends and breakouts of trends. This is also often when economic news comes out, which starts the price changes in trading gold.

17:00 GMT

The xauusd market sees the most action when the world's two biggest centers are both open. Usually, 80 percent of all trading happens during US and European business hours. These numbers tell day traders they don't need to watch the screen all day: just this time is enough to make good money, especially the US & European overlap between 13:00 and 17:00 GMT.

9:00 GMT

The next best time to transaction Gold is during the Tokyo and European Session overlap when both the Asian and European traders have the opportunity to respond to the European economic data. The London open also is volatile as European traders usually react to the overnight developments.

When trading times are the same, you should aim to trade then to make money, because that is the best time for market activity.

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

The prime trading window runs from 7:00 to 17:00 GMT. High volatility creates more profit chances with big moves. Aim for 50-80 pips in these 10 hours.

Economic report announcements and fundamental news releases include updates such as Japan reports at 23:50 GMT, Europe news at 07:45 GMT, and US figures at 13:30 GMT.

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

Best Days

The online market runs five business days. Some days stand out as the best for trading opportunities.

If you as a trader want the best time and the best days to trade, then statistics shows that Tuesday, Wednesday and Thursday are the best days since the max number of trade positions happen during these days.

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