# Trading Clearly

> Free trading lessons, tools and broker comparisons


## Posts

- [Why gold reacts to interest-rate news](https://tradingclearly.com/why-gold-reacts-to-interest-rate-news/): Gold pays no interest, so changes in rates and the dollar can shift demand quickly. Here's how the link works — and why it doesn't always hold.
- [How to Build a Simple Trading Plan (Free Template)](https://tradingclearly.com/how-to-build-a-trading-plan/): A trading plan helps you trade consistently and manage risk. Learn the 7 parts of a simple trading plan and copy our free one-page template.
- [5 Chart Patterns Every Gold Trader Should Know](https://tradingclearly.com/gold-chart-patterns/): Learn five of the most widely used chart patterns in gold trading — head and shoulders, double tops and bottoms, triangles, flags and support/resistance flips.
- [RKX vs Equiti: Which Broker Suits You?](https://tradingclearly.com/rkx-vs-equiti/): RKX or Equiti? We compare accounts, spreads, platforms, minimum deposits, leverage and availability side by side to help you choose.
- [Equiti Review: Accounts, Platforms and Who It Suits](https://tradingclearly.com/equiti-review/): Our Equiti review covers account types, spreads, MT4, MT5 and TradingView, minimum deposits, leverage and which Equiti company you'll sign up with.
- [RKX Review: Accounts, Platforms and Who It Suits](https://tradingclearly.com/rkx-review/): Our RKX review covers account types, spreads, platforms (MT4 & MT5), deposits, leverage and which RKX company you'll sign up with — so you can decide if it suits you.
- [Lot Sizes Explained: Micro, Mini and Standard Lots](https://tradingclearly.com/forex-lot-sizes-explained/): What's the difference between a micro, mini and standard lot? Learn forex and gold lot sizes, what each pip is worth, and how to choose the right size for your account.
- [How to Open a Demo Trading Account (and Use It Properly)](https://tradingclearly.com/how-to-open-a-demo-trading-account/): A demo account lets you practise forex and gold trading with virtual money. Learn how to open one in minutes and how to use it to build real skills.
- [How to Install MT5 on Your Phone and PC (Step by Step)](https://tradingclearly.com/how-to-install-mt5/): A simple step-by-step guide to installing MetaTrader 5 on Windows, Mac, iPhone and Android, logging in to your broker account and setting up your first chart.
- [Forex Leverage Explained Simply](https://tradingclearly.com/forex-leverage-explained/): What does 1:30 or 1:500 leverage really mean? Learn how leverage and margin work in forex and gold trading, with simple examples and how to use leverage sensibly.
- [Best Times to Trade Gold (Trading Sessions Explained)](https://tradingclearly.com/best-time-to-trade-gold/): Gold trades nearly 24 hours a day, but some hours are far busier than others. Find out the best times to trade XAU/USD, session times in UTC and what to avoid.
- [What Is a Pip in Forex? (With Examples)](https://tradingclearly.com/what-is-a-pip-in-forex/): A pip is the standard unit of price movement in forex. Learn what a pip is, how to calculate pip value for EUR/USD, USD/JPY and gold, and try our free calculator.
- [How to Trade Gold (XAU/USD) for Beginners](https://tradingclearly.com/how-to-trade-gold-for-beginners/): New to gold trading? Learn how XAU/USD works, what moves the gold price, how to size your first trade and how to get started on a demo account.

## Pages

- [30. Costs, Deposits & Withdrawals](https://tradingclearly.com/learn/costs-deposits-and-withdrawals/): Every broker earns money from your trading, so compare the full cost rather than just the headline spread.
- [29. How to Check a Broker's Licence](https://tradingclearly.com/learn/how-to-check-a-broker-s-licence/): Before you open an account, find out exactly which company you will be dealing with.
- [28. Why Most CFD Traders Lose Money](https://tradingclearly.com/learn/why-most-cfd-traders-lose-money/): Regulators require CFD brokers to publish the percentage of their retail client accounts that lose money, and the figure is usually well over half.
- [27. Building a Trading Plan](https://tradingclearly.com/learn/building-a-trading-plan/): A trading plan is a comprehensive document that defines every aspect of your trading methodology, from market analysis to risk management and performance evaluation.
- [26. Trading Psychology & Emotional Discipline](https://tradingclearly.com/learn/trading-psychology-and-emotional-discipline/): Trading psychology refers to the mental and emotional factors that influence trading decisions.
- [25. Multi-Candlestick Patterns (Engulfing, Morning Star, Evening Star)](https://tradingclearly.com/learn/multi-candlestick-patterns-engulfing-morning-star-evening-star/): The Bullish Engulfing pattern occurs when a large bullish candle completely engulfs the body of the preceding bearish candle.
- [24. Single Candlestick Patterns (Doji, Hammer, Shooting Star)](https://tradingclearly.com/learn/single-candlestick-patterns-doji-hammer-shooting-star/): The Doji is a candlestick where the opening and closing prices are virtually identical, creating a candle with a very small or nonexistent body.
- [23. Understanding Candlestick Charts](https://tradingclearly.com/learn/understanding-candlestick-charts/): Candlestick charts originated in 18th-century Japan, where rice traders developed visual methods to track price movements.
- [22. Double Top & Double Bottom Patterns](https://tradingclearly.com/learn/double-top-and-double-bottom-patterns/): The Double Top is a bearish reversal pattern that forms when price reaches a resistance level twice and fails to break through on the second attempt.
- [21. Head & Shoulders Pattern](https://tradingclearly.com/learn/head-and-shoulders-pattern/): The Head and Shoulders pattern is one of the most reliable reversal patterns in technical analysis.
- [20. Triangle, Flag & Pennant Patterns](https://tradingclearly.com/learn/triangle-flag-and-pennant-patterns/): Triangle patterns form when the price range contracts between converging trend lines, creating a shape that resembles a triangle.
- [19. Introduction to Chart Patterns](https://tradingclearly.com/learn/introduction-to-chart-patterns/): Chart patterns are recurring formations in price charts that signal potential future price movements.
- [18. Inflation, USD Correlation & Safe Haven Demand](https://tradingclearly.com/learn/inflation-usd-correlation-and-safe-haven-demand/): Gold has traditionally been viewed as an inflation hedge — a store of value that preserves purchasing power when fiat currencies lose value due to rising prices.
- [17. How Interest Rates Affect Gold](https://tradingclearly.com/learn/how-interest-rates-affect-gold/): Interest rates are the single most important fundamental driver of gold prices.
- [16. Economic Calendar & High-Impact Events](https://tradingclearly.com/learn/economic-calendar-and-high-impact-events/): The economic calendar is an essential tool for every gold trader, listing scheduled data releases, central bank meetings, and speeches that can significantly impact XAUUSD prices.
- [15. Support, Resistance & Trend Lines](https://tradingclearly.com/learn/support-resistance-and-trend-lines/): Support levels are price zones where buying pressure historically prevents further decline.
- [14. RSI, MACD & Momentum Indicators](https://tradingclearly.com/learn/rsi-macd-and-momentum-indicators/): The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and magnitude of recent price changes on a scale of 0 to 100.
- [13. Moving Averages (SMA & EMA)](https://tradingclearly.com/learn/moving-averages-sma-and-ema/): Moving averages are among the most widely used technical indicators in gold trading.
- [12. Reading Gold Price Charts](https://tradingclearly.com/learn/reading-gold-price-charts/): Price charts are the primary tool for technical analysis, displaying the historical and current price movements of gold over selected timeframes.
- [11. Risk Management Essentials](https://tradingclearly.com/learn/risk-management-essentials/): Risk management is the foundation upon which all successful trading is built.
- [10. Stop-Loss & Take-Profit Orders](https://tradingclearly.com/learn/stop-loss-and-take-profit-orders/): A stop-loss order is a predetermined price level at which your position will be automatically closed to limit losses.
- [9. Leverage & Margin Explained](https://tradingclearly.com/learn/leverage-and-margin-explained/): Leverage in forex trading allows you to control a larger position than your account balance would normally permit.
- [8. Lots, Pips & Position Sizing](https://tradingclearly.com/learn/lots-pips-and-position-sizing/): In forex trading, position sizes are measured in lots.
- [7. Market Hours & Best Times to Trade Gold](https://tradingclearly.com/learn/market-hours-and-best-times-to-trade-gold/): Gold trading is available from Sunday 22:00 UTC through Friday 22:00 UTC, with a brief daily pause between 21:00-22:00 UTC for the market rollover.
- [6. Currency Pairs & Gold's Role](https://tradingclearly.com/learn/currency-pairs-and-gold-s-role/): Currency pairs in the forex market are categorized into three groups: majors, minors, and exotics.
- [5. Major Trading Sessions (London, New York, Tokyo, Sydney)](https://tradingclearly.com/learn/major-trading-sessions-london-new-york-tokyo-sydney/): The forex market operates across four major trading sessions that follow the sun around the globe, providing nearly continuous trading from Sunday evening to Friday evening (UTC).
- [4. How the Forex Market Works](https://tradingclearly.com/learn/how-the-forex-market-works/): The foreign exchange market is the largest and most liquid financial market in the world, with daily trading volumes exceeding $7.5 trillion.
- [3. Why Trade Gold? Benefits & Opportunities](https://tradingclearly.com/learn/why-trade-gold-benefits-and-opportunities/): Gold offers several compelling advantages for forex traders.
- [2. History of Gold as a Financial Asset](https://tradingclearly.com/learn/history-of-gold-as-a-financial-asset/): Gold has been recognized as a store of value for over 5,000 years, dating back to ancient civilizations in Egypt and Mesopotamia.
- [1. What is Gold (XAUUSD) Trading?](https://tradingclearly.com/learn/what-is-gold-xauusd-trading/): Gold trading in the forex market is conducted through the currency pair XAUUSD, where XAU represents the ISO 4217 code for one troy ounce of gold and USD represents the US dollar.
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- [Privacy & cookies](https://tradingclearly.com/privacy/): Trading Clearly ("we", "us") is an independent trading blog and is responsible for the personal data described here. Contact: hello@tradingclearly.com.
- [Risk disclosure](https://tradingclearly.com/risk-disclosure/): Contracts for difference (CFDs), spot forex and other leveraged products are complex and carry a high risk of losing money rapidly.
- [How we make money & how we rate brokers](https://tradingclearly.com/how-we-make-money/): Trading Clearly is free to use. Here's how we're paid and how our broker scores are decided.
- [Free beginner course](https://tradingclearly.com/learn/): 30 short lessons in plain English. No sign-up, no signals and no sales pitch — just how markets, leverage and brokers really work.
- [Compare brokers](https://tradingclearly.com/compare-brokers/): We look at each broker's costs, platforms, accounts and support, and show you which company you'll be signing up with.
- [Tools & calculators](https://tradingclearly.com/tools/): Work out what a price move is worth, how much margin a trade needs and how big a position keeps you within your risk limit. Free, no sign-up.


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