When is The Best Time to Trade XAUUSD?

Timing is one aspect that will ascertain & determine your success in the market and that is why it's essential to find the best time to trade Gold the best time with regards to activity and volume of trades. This is what we call volatility, when the market is volatile it is more liquid.

When is the best time to trade Gold? The most prominent time is undoubtedly the US and the UK market sessions, accounting for more than half of the total trade transactions.

If it comes to major sessions: London, New York and Tokyo take up 75 % of market activities. And trade transactions volume is the heaviest when the major market sessions overlap, this is the best time to trade.

Gold sessions overlaps are characterized by high liquidity and the probability of finding a profitable trade is very high. This is because the volume of trades is determined by the number of markets that are open and the times during which they overlap with each other.

Best Time to Trade Based Upon Volume and Activity

The best time is when sessions over-lap this is the time when the markets are highly liquid because there are more participants, which means more volume & energy to fuel trends and trend breakouts. This also tends to be when economic info is released, providing the triggers for the movements in trading gold.

17:00 GMT

The xauusd market is the most active when the two largest centers in world overlap. 80 percent of the total average generally occurs during US and European hours. Just these percents alone tell day traders that they can not sit in front of the screen all day: this time alone is enough to earn a good trading profit, the best time - the US & European over-lap which's 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.

These times when the sessions overlap is the time you have to target to make profits, it's the best time for trading on the markets.

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

The best time for trading is 7:00 - 17:00 GMT, this is because the volatility is much higher & opportunities for earning a profit are more frequent with larger moves, especially in these 10 hours. This is when you as a trader can make 50-80 pips Profit.

News Reports Announcements / Economic Data Reports Releases23:50 GMT Japan Fundamental Data Reports 07:45 GMT Europe Fundamental News Reports s 13:30 GMT US Economic Figures

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

Best Days

Although the online market is open on all these 5 business days there are given days which are considered and regarded as the best days & during these days will give you the best trading time.

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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