Trade Gold Trading

What is the Best Time to Trade Gold Metal?

Timing is one thing which will determine your success in the XAUUSD metal trading market and that is why it's essential to find the best time to trade XAUUSD, the best time with regards to activity and volume of Gold trading transactions. This is what we call volatility, when the XAUUSD metal market is volatile it is more liquid - meaning there are more opportunities for trading.

When is the best time to trade Gold metal? Most prominent time is undoubtedly the US and the UK trading sessions, accounting for more than half of overall total online financial trade transactions.

When we talk about big sessions, London, New York, and Tokyo handle 75% of the market's action. The most trading happens when these big market times overlap, making it the best time to trade Gold.

Market session overlaps are characterized by high liquidity and the probability of finding a profitable trade is very high. This is because the volume of financial transactions is determined by the number of markets that are open and the times during which they over-lap with each other.

Best Time to Trade Gold Market Based Upon Volume and Activity

The top time to trade XAUUSD comes during session overlaps. Markets get very liquid then with extra traders joining in. That boosts volume and push for price trends and breaks in XAUUSD. Economic reports often drop at these times, starting gold pair shifts.

European and U.S. Market Overlap: 13:00 & 17:00 GMT

The online financial trading markets are most active when the 2 largest trading centers in the globe overlap. 80 percentage of the total average daily trade turnover usually occurs during U.S. And European market trading hours. Just these percentages alone tell day traders who they can't sit in front of the computer screen all day: this time alone is enough to make a good profit trading in the online financial trading markets, the best time to trade Gold metal is - the U.S. And European overlap which is between 13:00 and 17:00 GMT.

Asian and European Market Overlap: 7:00 to 9:00 GMT

The next best time to trade XAUUSD is during the Tokyo and European market overlap, when both Asian and European traders react to fresh economic reports. The London session also brings plenty of volatility as European traders respond to overnight news.

The times when these sessions happen at the same time are the best times to aim for when trading, so you can make money: this is the best time to trade Gold online.

THE ABSOLUTE BEST TIME FOR GOLD TRADING IS FROM 7:00 - 17:00 GMT

The best time for XAUUSD trading is 7:00 to 17:00 GMT, because the market changes a lot more, and there are more chances to make money with bigger market movements, especially during these 10 hours. This is when you can make 100-150 pips Profit trading Gold pair.

News Reports Announcements - Economic Data Announcements

23:50 GMT Japan Fundamental Data Reports 07:45 GMT Euro Fundamentals 13:30 GMT US Economic Data Figures

In summer, news events shift one hour earlier because of daylight saving time.

XAUUSD prices will react more to America economic reports because Gold is transacted against the USD and hence news reports released in the US Market sessions can provide the day traders with good opportunities to trade shortterm Gold trends caused by these economic reports.

Best Days to Trade XAUUSD

The online XAUUSD market runs five business days a week. Some days stand out as the best for trading. Busy days like these yield top results.

If one seeks the most favorable timing and specific days for XAUUSD trading, statistical evidence points toward Tuesday, Wednesday, and Thursday being the optimal days, due to the concentration of the highest volume of Gold transactions occurring during these weekdays.

More Guides:

Gold Broker