What are Gold Charts?

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

This gold trading price movement is then drawn over a period of time and this chart gold trading price moves drawn on the gold chart can be used to analyze the movement of a particular xauusd instrument so as to determine if the xauusd trend for that xauusd 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 xauusd.

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

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

Technical analysis of xauusd charts is then applied to these charts by using xauusd tools provided by the xauusd software. For example xauusd MetaTrader 4 platform provided xauusd indicators & xauusd line studies that can be used to analyze these xauusd charts.

XAUUSD charts can also be drawn using different chart timeframes.

The different chart timeframes are used by different types of gold traders.

For example:

• XAUUSD scalper use the 1 minute chart timeframe and the 5 minute chart timeframes
• XAUUSD day traders use the 15 minute chart timeframe and the 1 hour xauusd chart timeframes
• XAUUSD swing traders use the 4 hour xauusd chart timeframe and the daily chart timeframes

XAUUSD Trading Chart Time Frames on MT4 Software

Periodicity just means chart timeframes, in MetaTrader 4 xauusd platform this charts time frames toolbar is used to select which chart time-frames to trade with.

XAUUSD Price Chart Time frames - What are XAUUSD Price Charts?

The gold trading price charts - chart timeframes listed on the MetaTrader 4 platform are:

1. 1 Min - M1
2. 5 Min - M5
3. 15 Min - M15
4. 30 Min - M30
5. 1 H - H1
6. 4 Hours - H4
7. Daily - D1
8. Weekly - W1
9. Monthly - MN

Type of XAUUSD Price Charts

The three common types of gold trading price charts used in xauusd trading are:

• Candlestick XAUUSD Price Charts
• Line XAUUSD Price Charts
• Bar XAUUSD Price Charts

These 3 types of gold trading price charts are covered in the topic Gold Chart Types.