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How can I use tradingview to analyze XAU/USD trading?

avatarShilpi SharmaDec 26, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of how to use TradingView to analyze XAU/USD trading? I'm interested in learning how to effectively analyze the gold and US dollar pair using this platform.

How can I use tradingview to analyze XAU/USD trading?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure thing! TradingView is a popular platform for analyzing XAU/USD trading. Here's a step-by-step guide: 1. Sign up for a TradingView account if you don't have one already. 2. Search for XAU/USD in the trading pair search bar. 3. Add XAU/USD to your watchlist by clicking on the star icon. 4. Open the XAU/USD chart by clicking on its name in your watchlist. 5. Customize the chart by adding indicators, drawing tools, and adjusting the timeframe. 6. Analyze the chart to identify trends, support and resistance levels, and potential trading opportunities. 7. Use TradingView's built-in features like alerts and notifications to stay updated on XAU/USD movements. Remember to combine technical analysis with fundamental analysis for a comprehensive understanding of XAU/USD trading. Good luck with your analysis on TradingView!