Trade Gold Trading

XAUUSD Market Open Time: London Gold Market Opening Time, Gold New York Session Time, Gold Asia Market Session Time

Timing is one thing that will determine your success in the Gold metal trading 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 XAUUSD trade positions. This is what we call volatility, when the Gold market is volatile it is more liquid - meaning there are more opportunities for trading.

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

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

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

Best Time to Trade XAUUSD Market - US Gold Market Opening Time vs UK Gold Market Open Time

The best time to trade Gold is when markets sessions over-lap - this is the time when the trading markets are highly liquid because there are more traders tradingparticipating in the markets, which means more volume & momentum to fuel Gold price trends & trend breakouts. This also will tend to be when economic data is released, providing the triggers for the movements in the XAUUSD pair - XAU/USD.

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 is - the U.S. And European overlap which is between 13:00 and 17:00 GMT.

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

The next best time to trade Gold is during the Tokyo & European Market Session over-lap - when both the Asian & European traders have the opportunity to respond to the European economic data reports. The London open session is also volatile as European traders generally react to the overnight developments.

These times when the sessions over-lap is the time you have to target to trade in order to make profits, it's the best time for trading the online XAUUSD trading markets.

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

The best time for Gold trading is 7:00 to 17:00 GMT, this is because the volatility is much higher and opportunities for making a profit are much more frequent with bigger market moves, especially in these 10 hours. This is when you can make 100-150 pips Profit trading XAUUSD pair.

News Reports Announcements - Economic Data Releases

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

During Summer Time these news release times are 1 hour earlier due to day-light saving hour.

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

Best Days to Trade Gold

Although the online Gold market is open on all the 5 business days there are certain days which are considered as the best days & trading during these busiest market days give you the best trading results.

If you as the trader want the best time and the best days to trade XAUUSD, then statistics indicates that Tuesday, Wednesday & Thursday are the best days to trade Gold since the maximum number of XAUUSD transactions takes place during these weekdays.

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