Discussion of Forex Trading and Currency Trading

Need help from people who trade currencies on the market?

What does it mean when you purchase XAU/USD? does that mean you are betting against the dollar or against gold? In basic terms what does XAU/USD mean?

Most Commented Posts

 

 

2 Responses to “Need help from people who trade currencies on the market?”

  1. Play with common dollars!-us,yen…

  2. If you purchase XAU, you short the USD. So as Gold rises, the Dollar Falls and you win.

Leave a Reply