The European trading session is one of the most favorable for traders. It offers high volatility while the market behaves quite predictably, unlike the American session. That is why most traders start trading with the opening of the London Stock Exchange.
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Forex trading
XAUUSD Analysis and Its Trading Features
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The meaning of XAUUSD is the abbreviation for the gold and USD currency pair, and this is one of the most popular pairs on Forex. However, for beginners who just discovered XAU/USD in Forex, it would be better to gain some experience first and only after that try various gold trading strategies.