By info@shareamg.com 
XAUUSD Overview with Updates till 2030
Gold is a precious metal. It’s market cap is 7 trillion dollars. People buy it physically and on online platforms. Big whales and traders buy it every time. Moreover every country buy gold for it’s reserves instead of currency. You may find Forex Gold Review on daily basis without any effort.
Traders trade on gold in forex and other platforms. Symbol of Gold is XAUUSD.
Why gold is moving in uptrend?
China and USA are developed countries. They are buying gold for their reserves so you are seeing bullish momentum in gold. Different countries are trying to get gold for progressing in the world so this is also main reason bullish momentum in Gold.
Which factors affect gold?
- Unstable politics.
- Unstable countries.
- Conflicts.
- Interest Rates (as these rates cuts big investors put their assets in gold market)
- Crypto currencies ( when BTC falls people move their assets in Gold market because Gold is a stable commodity.
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When Gold market remains close?
Internationally gold market close from Friday mid-night to Sunday mid-night. In this time no one trade in gold and market close over it’s last price.
What are strategies for trading in Gold (XAUUSD)?
- There are lots of strategies to trade in gold (forex, exness).
- Trend line is the best strategy for trading upward or downward momentum.
- Support and resistance will be more effective in every situation.
- Daily candle open and closing points give you quality knowledge for next move of gold.
- Faire value gaps between candles and order blocks are advance techniques of trading in gold.
Which time frame is the best for trade in gold?
30 minute time frame and 1 hour time frame is the best for trade in gold.
Analyze market trend in 4 hour time frame then move in lower time frame to execute your trade.
Gold Daily and Weekly Anaylsis Report For getting trade
Next level of gold is near 3500$ gold may move above this level. You can take trade near to this level. Market is in uptrend you may dive in trading but in uptrend only.