A $100 day sounds like one goal, but it describes very different trades depending on the balance behind it. On a $10,000 account, $100 is a 1% move. On a $1,000 account, it is 10%. On a $100 account, it means doubling the balance in a single session.
The dollar target stays the same while the risk multiplies. A trader with a small account who insists on $100 a day has only one lever to pull,...
Gold has always been an important asset in global financial markets. In modern online trading, one of the most commonly used symbols for trading gold against the US dollar is XAUUSD.
For new traders, understanding what XAUUSD represents, what influences its price, and how to manage a position can provide a useful foundation before entering the market.
What Is XAUUSD?
XAUUSD represents the...
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