There is no such thing as best time for trading, trading opportunities arise continuously, the difference may be in overall volatility level (like Asian session is calm) or transaction costs (lower during EU session) but trading edges or working patterns can be found in any time of a day.Hey Army, Hope Y'all doing fine
I was wondering, based on your experiences which time is the best for trading XAUUSD?
Agree. The London-New York session overlap is key for high liquidity and movement.Based on my experience, the best time for trading XAUUSD is often during the overlap of the London and New York market hours, as this period typically sees higher liquidity and volatility.
you are welcomeThanks all for the responses, appreciate it, what a welcoming community!
The best time to trade gold during the day is typically when there is high liquidity and volatility in the market. This often coincides with the overlap of trading sessions between major financial centers, such as the London and New York sessions. Additionally, economic data releases, geopolitical events, and shifts in market sentiment can also influence gold prices, so traders may consider trading during times when such events occur. Ultimately, individual trading preferences and strategies will dictate the optimal trading time for each trader.Hey Army, Hope Y'all doing fine
I was wondering, based on your experiences which time is the best for trading XAUUSD?