XAUUSD is the financial symbol for gold priced in US dollars. "XAU" is the ISO currency code for one troy ounce of gold, while "USD" represents the US dollar. When you see XAUUSD at 1800, it means one troy ounce of gold is trading at $1,800 US dollars.
Several key factors influence gold prices:
Investors purchase gold for various reasons:
Our gold price data updates every minute during market trading hours. This ensures you have access to near real-time pricing information to make informed trading decisions. The specific timestamp of the last update is always displayed on the page.
We source our gold price data from reputable financial data providers including Alpha Vantage for real-time spot prices and FCS for historical data. These providers maintain connections with major gold markets worldwide and aggregate pricing from multiple sources to ensure accuracy.
Our trading signals are generated using established technical indicators like RSI, Moving Averages, and MACD. While these signals are based on mathematical models and historical performance, they should be used as one tool among many for making investment decisions. No trading signal can guarantee future performance, and we recommend combining our signals with fundamental analysis and proper risk management strategies.
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. For gold trading:
RSI is most effective when used in conjunction with other indicators and market analysis.
Gold trading is active 24 hours a day during weekdays, but certain periods tend to have higher liquidity and volatility:
Trading during periods of higher liquidity often results in tighter spreads and more efficient price discovery.
Moving averages (MA) help identify trends and potential reversal points in gold prices:
Commonly used moving averages for gold include the 20-day, 50-day, 100-day, and 200-day MAs.