How much is 0.01 lot in XAUUSD?
I'm trying to figure out the value of 0.01 lot in XAUUSD. I need to know how much this amount represents in the gold market when traded against the US dollar.
How much is 1 pip in xauusd?
I'm trying to understand the value of 1 pip in xauusd. Could you please explain how much 1 pip is worth in this currency pair?
What is the difference between XAUUSD and gold?
I want to know the distinction between XAUUSD and gold. Are they the same thing or different? If different, what are the specific differences between them?
Who trades xauusd?
Who are the individuals and institutions that actively engage in trading XAUUSD, the symbol representing the spot price of gold in US dollars? Is it primarily individual investors seeking to hedge against inflation or currency devaluation, or are large financial institutions and central banks also significant players in this market? Additionally, do retail traders, particularly those utilizing CFDs or other Leveraged products, play a significant role in shaping the price movements of XAUUSD? Lastly, are there any notable trends or demographics that characterize the traders active in the XAUUSD market?