Gold vs Australian Dollar Today - XAU AUD Chart


XAU AUD Price Today

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Status:Closed Trading
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About this chart

About this chart

This page includes full information about the XAU AUD, including the XAU AUD live chart and dynamics on the chart by choosing any of 8 available time frames. By moving the start and end of the timeframe in the bottom panel you can see both the current and the historical price movements of the instrument. In addition, you have an opportunity to choose the type of the display of the XAU AUD live chart – Candles or Lines chart – through the buttons in the upper left corner of the chart.All clients that have not yet decided which instrument to trade are in the right place since reading full characteristics of the &XAUAUD and watching its performance on the charts will help them to make their final decision.
It is easy to find any instrument since there is a filter for instrument types, offered by IFC Markets, and once the type is chosen, the list of all instruments can be seen right next to that filter.


Description

Personal composite instrument called «&XAUAUD» reflects the price dynamics of gold against the Australian dollar. The base part of this instrument is composed of 1 ounce of Gold, and the quoted part – 1 Australian dollar. The asset percentage of the instrument is estimated based on the asset prices on the PCI creation day.

The trading instrument &XAUAUD is used for the analysis and trade of Gold quoted against one of the major commodity currencies – the Australian dollar. The Australian economy depends heavily on mining and export of precious metals, particularly gold.

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Technical Analysis

Technical analysis is a method of studying and evaluating market dynamics based on the price history. Its main purpose is to forecast price dynamics of a financial instrument in future through technical analysis tools. Technical analysts use this method of market analysis to forecast the prices of different currencies and currency pairs. This type of the analysis will allow you to make right investment decisions and trade more profitable in financial markets.
See also latest technical analysis of the price dynamics of : / forecast.

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