XAUUSD

XAU/USD represents the trading pair of gold (XAU) against the U.S. dollar (USD), indicating how much one ounce of gold is worth in USD. The optimal times to trade XAU/USD are during periods of high market activity, particularly when major financial centers overlap, such as the London and New York sessions. This overlap typically occurs between 3:00 PM and 7:00 PM Kyiv time, offering increased liquidity and tighter spreads. Additionally, significant economic events, geopolitical developments, and U.S. economic data releases can lead to heightened volatility in gold prices, presenting potential trading opportunities. It’s essential to stay informed about such events and manage risk appropriately when trading XAU/USD.