Trading times for gold and strategies you need to know to make a profit

Successful traders in the gold market don’t just pay attention to the days and times the market opens, but they understand that each trading session has its own characteristics, which require adjusting strategies accordingly. This article will teach you how to read the market and select the most suitable trading times.

Key Trading Times for Gold that Traders Must Recognize

The Forex gold market operates 24 hours a day during trading days, starting from Monday at 05:00 (Thailand time) when the New Zealand market opens, until Saturday at 04:00 ###when the New York market closes(.

However, not all times are equally suitable for trading. Some periods have high liquidity and good liquidity, while others see price movements confined within narrow ranges.

Understanding Gold Market Behavior During Different Times

) US Eastern Morning Session ###Asian Session(

When the Asian market opens, trading during this period often has lower liquidity, and prices tend to oscillate within narrow ranges. Traders looking for small profits may use Scalping or Range Trading strategies.

Tip: Set your Stop Loss and Take Profit close to each other because during this time, prices generally do not move dramatically.

) Key Evening Session ###European Session(

As the European market wakes up, liquidity and trading volume increase significantly. Gold prices start to trend clearly, and movements become more consistent. Trend Following and Breakout Trading strategies often succeed during this period.

) Nighttime ###American Session###

When the American market opens, major economic news is often released. Inflation rates, employment data, and FED meetings are events that cause gold prices to fluctuate.

Some traders prefer News Trading during this time, but beware that volatility can be very high, which may easily trigger Stop Loss hits.

Factors Not to Overlook

( Relationship Between Gold and the US Dollar )

Gold and the dollar are main characters in the same story. When the dollar strengthens, gold prices tend to weaken, and vice versa, because gold is priced in USD. Investors always evaluate gold based on the dollar value.

Stock Indexes and Gold Movements

When the stock market is volatile, investors often seek refuge in gold (Safe Haven Asset), while during bullish stock markets, gold may be neglected.

( Bond Yields )

When bond yields rise, investors tend to think twice because gold does not pay interest. The attractiveness of gold diminishes accordingly.

( Crude Oil and Commodities )

Oil and gold often move together. When oil prices rise, inflation tends to follow, prompting investors to hold more gold.

Strategies for Planning Your Trades

The importance of gold trading times lies in using them appropriately. Before trading, consider:

• Which part of the day you will trade
• The characteristics of the gold market during that period
• Which strategy is suitable
• What position size (Position Size) should be

Good risk management involves adjusting your plan according to market behavior. When the market behaves unexpectedly, be brave to adapt or stop trading.

Gold Trading Seasons

Gold prices do not peak uniformly throughout the year. Traders should be aware of these seasonal patterns:

Early Year (January-February): Gold demand increases due to Chinese New Year festivals and annual portfolio adjustments by institutions.

Summer June-August: Trading volume drops as investors go on vacation, and prices tend to move within narrow ranges.

Wedding Season October-November: Indian wedding festivals boost gold prices.

End of Year December: Volatility from year-end profit-taking by various funds.

Knowing the best trading times for each season will help you better synchronize your trading rhythm.