What are Gold Charts?

A xauusd trading price chart is a representation of a sequence of xauusd trading prices plotted on a graph as a chart representation of xauusd trading price movements.

This xauusd trading price movement is then drawn over a period of time and this chart price moves drawn on the chart can be used to analyze the movement of xauusd trading price so as to determine if the trend is down or up.

XAUUSD Price Charts

A Gold trading price chart provides a representation of exchange rates (drawn on the y-axis) against time (drawn on the x-axis) for gold.

The movement of xauusd trading prices is drawn on these xauusd trading price charts. The chart can be drawn as candlestick xauusd trading price charts like the one shown below or as line xauusd trading price charts or bar xauusd trading price charts.

What's Gold Price Chart? - What are XAUUSD Charts?

What is Gold Price Chart? - What's Gold Price Chart? - What are Gold Charts

Technical analysis of charts is then applied to these charts by using trading tools provided by the gold trading software. For example gold trading MT4 platform provided indicators & gold line studies that can be used to analyze these charts.

Gold Trading charts can also be drawn using different chart time frames.

The different chart time frames are used by different types of traders.

For example:

Gold Trading scalper use the 1 minute chart time frame and the 5 minute chart time frames
Gold Trading day traders use the 15 minute chart time frame and the 1 hour chart time frames
Gold Trading swing traders use the 4 hour chart time frame and the daily chart time frames

XAUUSD Trading Chart Time Frames on MT4 Software

Periodicity just means chart time frames, in MT4 gold trading software this charts time frames toolbar is used to select which chart time-frames to trade with.

What is XAUUSD Price Chart? - What are Gold Charts?