The gold trading market (Xausd) is open for almost 24 hours a day, five days a week. But, not all hours have the same opportunity. Understanding the schedule of global trade sessions can be the key to developing strategies, maximizing profit, and reducing risk.
Xausd Gold Market Opening Hours
The following is the schedule for the gold trading session based on the time zone WIB:
Asian session 07:00 – 14:00 WIB: Prices tend to be stable, suitable for range trading strategies or morning analysis without high volatility.
European Session 14:00 – 23:00 WIB: Volatility and liquidity increases significantly. Many traders actively choose this session because of dynamic price movements.
American Session 19:00 – 04:00 WIB: The most liquid and volatile sessions, especially when ovelating with European sessions (19:30 – 21:00 WIB). Many releases of US economic data come out at this hour.
Australian Session 05:00 – 14:00 WIB: Tends to be quiet, unless there is important news from Australia such as RBA interest rate decisions.
To avoid the risk of bad time, you can take advantage of a free demo account at the official HSB investment broker for training strategy first before using real money.
Also read: Guide to Opening a Gold Trading Demo Account
The best time for gold trading
1. Overlap Asia & European sessions (around 11:00 WIB): Liquidity increases, opportunities for large breakouts.
2. Opening of the US Market or US Pre-Market: Many significant movements even from the ahead of the US market are open, especially if there is an important economic data release.
3. Global Economic Events: Central bank policies such as The Fed, ECB, and Boe can trigger a surge in gold prices.
4. Geopolitical crisis: gold often becomes “safe haven”. Global uncertainty = Gold demand rises.
5. The session of the US market closure (around 03:00 WIB): Consolidation or trend reversal often occurs.
6. Beginning of the year: Rebalancing Portfolio by institutional investors often affects the price of gold.
The wrong time for gold trading
1. Asian session too early: liquidity is still low, spread can widen, orders are difficult to execute.
2. Before the release of important economic news: the gold market can be very volatile. Avoid trading a few moments before and after the release of large data such as NFP.
3. Low liquidity period (national holiday): When large institutions are off, the market becomes more unpredictable.
4. Midnight (certain time zone): minimal liquidity, prices tend to be unstable, order executions can be disrupted.
Why are each session different?
1. Volatility: European and American sessions are more crowded and the price of gold is moving fast. Suitable for scalping and day trading, but higher risk.
2. Liquidity: high volume = execution of order smoother, smaller slippage risk.
3. Economic News: Large data releases such as US NFP can make a drastic oval gold price. Mandatory to check the economic calendar.
4. Market sentiment: Market mood can change each session. For example Asia is optimistic in the morning, Europe is even pessimistic in the afternoon.
5. Suitable strategy: Breakout strategy is more fitting in a crowded session. Range strategy is suitable in a calm session.
6. Your Active Clock: Choose a session according to lifestyle. Fajr-dawn trading can make stress if you are not used to it.
Gold trading (Xausd) is open for almost 24 hours, but the right time can determine the results. European and American sessions are generally the most profitable because of high liquidity, while the Asian session is calmer for the range strategy.
Stay alert to large economic news and use good risk management. With the right strategy, you can use each session for maximum cuan.
About HSB Investment (PT Handal Semesta Futures)
Investment HSB is an official broker or broker and is directly supervised by the Commodity Trade Supervisory Agency (BAPPEBTI) under the Ministry of Trade of the Republic of Indonesia. HSB is also registered with the Financial Services Authority (OJK) and Bank Indonesia (BI), and is a member of the ICDX Exchange, ICH Clearing Institution, and Aspebtindo Association.
This press release has also been aired on Vritimes
News
Berita
News Flash
Blog
Technology
Sports
Sport
Football
Tips
Finance
Berita Terkini
Berita Terbaru
Berita Kekinian
News
Berita Terkini
Olahraga
Pasang Internet Myrepublic
Jasa Import China
Jasa Import Door to Door