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?
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March 31st, 2008 at 11:33 am
Play with common dollars!-us,yen…
March 31st, 2008 at 11:33 am
If you purchase XAU, you short the USD. So as Gold rises, the Dollar Falls and you win.