CHAPTER 01 · LESSON 01

Introduction to the gold market

First identify what is being traded, where its price comes from and which contract rules apply. Only then move to chart interpretation.

Asset, product and platform are different

Physical gold, spot-market exposure, futures, ETFs and retail CFDs carry different rights, contract sizes, costs and trading arrangements. MT4 or MT5 is a software interface, not the product itself.

Participation and trading hours

Central banks, commercial banks, producers, asset managers, trading firms and individuals participate for different reasons. Activity changes across time zones, maintenance windows, weekends and holidays.

Background variables

The dollar, nominal and real yields, policy expectations, inflation, employment, risk demand and physical flows can all matter. None should be used as an automatic buy or sell button.

For trading education and general information only. LDTH does not provide investment advice, trade signals, brokerage, account handling, copy trading or any promise of returns.