Gold (XAU/USD)

📜 History

Gold has been used as money since at least around 600 BC, when Lydia made some of the first coins from electrum, a gold-silver alloy. Through the 1800s many countries tied their currencies to gold under the gold standard. After 1944, the Bretton Woods system pegged the US dollar to gold at $35 an ounce, and other currencies were pegged to the dollar. In August 1971, President Nixon ended the dollar's convertibility into gold, and the price was later allowed to float. Gold reached a major peak near $850 in January 1980 and then fell for about two decades. It rose sharply after the 2008 financial crisis and again during the 2020 COVID shock.

⚙️ What moves the price

• →US dollar and real interest rates: a weaker dollar and lower real yields usually support gold, since gold pays no interest.
• →Central bank buying and reserve policy: large official purchases can lift demand and support the price.
• →Inflation and economic data: US CPI, jobs reports and Federal Reserve decisions often move gold sharply.
• →Geopolitical and financial stress: wars, sanctions, and banking worries can drive safe-haven buying.
• →Related markets: gold often moves against the dollar and sometimes with silver and mining stocks, but these links change over time.

Character

• •High volatility: a normal day moves 1–2%, news days much more.
• •Moves opposite to the US dollar and US bond yields most of the time.
• •Reacts strongly to US inflation (CPI), jobs (NFP) and Fed rate decisions.
• •Clean trends after the London open and during the London–New York overlap.

When to trade

• ✅London session and the London–New York overlap (07:00–17:00 UTC).
• ✅In the direction of the higher-timeframe trend, after a pullback.
• ✅On days without major US news, or after the news spike has settled.

When not to trade

• ⛔5–15 minutes before and after CPI, NFP and Fed decisions — spreads widen and price jumps.
• ⛔Late New York and the night (21:00–01:00 UTC): thin liquidity, wide spread.
• ⛔Against a strong trend just because the price looks "too high".

Our verified setups

Latest closed signals

• SELL · M15 · TP530/10+$499
• SELL · M15 · TP530/10+$500
• SELL · M15 · SL29/10−$101
• SELL · M15 · SL28/10−$101
• SELL · M15 · SL28/10−$101

📊 Weekly report

Simulation: $10,000 deposit, $100 risk per trade. Pips — price movement; $ — result at fixed risk.