What is Bid Price?
Bid price is the price at which a trader is willing to sell gold for.
Ask price is the price at which a trader is willing to buy gold at.
The bid ask price are updated by your broker in real-time & updated on your platform. The difference between the bid ask price is known as the spread.
What are Bid & Ask Prices?
Bid is the price at which you sell
Ask is the price at which you buy
Bid/Ask Price Example
Therefore:
Example of Bid Ask Price in MetaTrader 4
What is Bid Ask Price in Gold Trading? - What is Ask Price in Gold Trading?
More Lessons and Tutorials:
- What are Top Ten Best XAU/USD Strategies?
- What is a XAU USD Morning Star Candle in Gold?
- Fibonacci Expansion Gold Chart Levels Exercise vs Fibo Retracement XAU/USD Chart Levels Exercises
- What Happens after a XAU USD Rising Wedge Chart Pattern?
- Learn Gold Market for Beginners in Gold
- Placing Fibonacci Lines On Gold Charts in MT4 Platform
- How to Come Up with MT4 Gold Automated Robot for Gold
- How Do You Trade Gold Symbols in MT4 Platform?
