EXCLUSIVE OFFER
Up To $5,000 Credit!

We’ll Match Your DepositUp To $5,000 Credit!

Learn more
Up To $5,000 Credit!
EXCLUSIVE OFFER
We’ll Match Your Deposit

Up To $5,000 Credit!

  • Trade 1,000’s of global markets.
  • 0% deposit and withdrawal fees.
  • Rapid funding turn-around times.
  • Trade on MetaTrader 4 and 5.
Expand Exclusive Offer
Claim Exclusive Offer
Trustpilot
Hide this Ad

Home > Market Analysis > Commodities > Gold

Categories:
Track all markets on TradingView
Technical Overview
Track all markets on TradingView

GOLD Market Analysis

HowToTrade.com provides our readers with a daily market analysis for Gold (XAU/USD), including the latest gold news, gold price, updates, and price forecasts from our trading experts.

Gold

Election 2024 Fallout: Gold Retraces, Bitcoin Soars

Key Points Market Overview Election 2024 is ove...k from pre-election all-time highs. […]

Published on: 13 Nov 2024

Read More >>

Published on: 05 Nov 2024 Gold

Gold (XAU/USD) Flat On Election Day Trade

Read More >>

Published on: 28 Oct 2024 Gold

Gold Daily Price Analysis – Israel’s Attack Drives Safe-haven Demand for Gold

Read More >>

Published on: 23 Oct 2024 Gold

Gold (XAU/USD) Rejects $2,750

Read More >>

Published on: 17 Oct 2024 Gold

Gold (XAU/USD) Hits New All-Time Highs

Read More >>

Published on: 10 Oct 2024 Gold

Gold (XAU/USD) In Flux Post CPI

Read More >>

Published on: 02 Oct 2024 Gold

New All-Time Highs For Gold (XAU/USD)?

Read More >>

How to Trade Gold

CFDs are ideal instruments for those looking to engage in short-term gold trading. Trading CFDs enables you to speculate on gold prices without having to physically own the asset. If you are interested in trading Gold CFDs, here’s what you need to do:

  1. 1. Open a forex trading account with SwitchMarkets, our partner broker
  2. 2. Open an account with a VPS service provider to protect your trading account from internet disconnections and slippages.
  3. 3. Choose the ideal position size and leverage ratio that suits your trading style
  4. 4. Utilize your trading strategy to identify entry and exit opportunities
  5. 5. Open your first trade by clicking on buy or sell
  6. 6. Consider risk management tools such as a risk-reward ratio, stop loss, and take profit
  7. 7. Monitor your trade and close your position when getting a signal from your preferred trading strategy

Frequently Asked Questions

What drives the price of Gold?

Gold prices are influenced by supply and demand. This includes the mining production on the supply side and global industrial demand for gold on the demand side. However, since Gold has been used for decades as a safe-haven asset, the price of gold is also highly influenced by inflation, interest rates, economic uncertainty, and geopolitical instability.

What is the best time to trade Gold (XAU/USD)?

Typically, short-term traders look for overlaps between the North American and European trading sessions. During this time, there is a high trading volume and volatility. Key economic data and crucial financial events are also normally published around these hours.

How can I trade Gold?

Trading gold can be done in several different ways. Traders can buy gold physically and store their gold coins or bullion bars. Alternatively, trading Gold can also be done via derivatives, such as futures contracts, options, or CFDs. Another option is to trade Gold by buying and selling ETFs and stocks that track or relate to gold’s price.

We’ll Make You A Smarter Trader For Free

Subscribe for on-demand lessons, trade ideas, trading challenges and weekly newsletters packed with actionable information.

Step 1 / 3

Start learning how to trade today!

Please enter your full name
Please enter your email
Please enter your phone number
Please enter a username (3 to 20 characters)
Password must have at least 5 symbols
You must agree to the terms & conditions to proceed
Step 2 / 3

Great, you've been entered into our monthly prize draw. We'll notify you if you've won.

Thank you for downloading our trading plan!

Nice to meet you . Let’s ensure you receive relevant content...

Please select your trading experience level

2. Do you have a brokerage account? *

Please select if you have a brokerage account

Are you planning to open a brokerage account in the near future?

Please select if you are planning to open a brokerage account
Please select your current broker
Please select your current trading status

A few last questions then you’re done!

Please select your primary goal

2. What markets are you interested in trading? *

Please select what markets you're interested in
Please select how you prefer to learn
Please select your risk tolerance

Thank you, you’re all set!

Reset your password

Type your email and we'll send you a reset link

Done!

A password reset has been requested for . Check your email for your reset link.

Disclaimer: The information on the HowToTrade.com website and inside our Trading Academy platform is intended for educational purposes and is not to be construed as investment advice. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money you are prepared to lose. Like any investment, there is a possibility that you could sustain losses of some or all of your investment whilst trading. You should seek independent advice before trading if you have any doubts. Past performance in the markets is not a reliable indicator of future performance.

HowToTrade.com takes no responsibility for loss incurred as a result of the content provided inside our Trading Academy. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision on the trades you place in the markets. We have no knowledge of the level of money you are trading with or the level of risk you are taking with each trade.

The HowToTrade.com website uses cookies in order to provide you with the best experience. By visiting our website with your browser set to allow cookies, or by accepting our Cookie Policy notification you consent to our Privacy Policy, which details our Cookie Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

This website uses cookies
We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.