Da Tian Trading Platform: Why is the opening time for spot gold a whole day?

There are various investment products in the world, and friends who are familiar with them know that most investment products only open during specific trading periods on each trading day. And spot goodsgoldThe opening time is very special because it opens all day on the trading day. Why is the opening time for spot gold a whole day?Is the opportunity for trading profits equal for a whole day that long?Let Da Tian explain here.

　　1Opening time according to trading rules

In fact, the opening time of spot gold is a whole day, which is one of the trading rules of spot gold. Spot gold is an international market, and within a complete trading day, the Asia Pacific, European, and American markets take turns opening, which is just the right formation for spot gold to be traded throughout the day24In the case of hourly trading, investors can enter and trade at any time, which is very convenient. There are other flexible and convenient trading rules for spot gold.

　　2The pattern of opening time for spot gold

Because at the end of the day, it is the opening time for spot gold. So, are profit opportunities the same at every time?Not really. Because the market is composed of different stocks throughout the day, the performance of the market will also vary. For example, in the morning of our time, it is the Asian market time, and the market is usually relatively calm. In the afternoon, it is the combination time of the Asian and European markets, and the market may experience fluctuations and instability. In the evening, it is the combination time of the European and American markets, and the market is more active. At this time, there are the most profit opportunities. However, in the early morning, it is the time when the American market is close, and the market is gradually calming down. Therefore, investors can have different trading strategies based on the performance of different markets, and I highly recommend entering the market at night because it is the easiest time to make money.

Opening of spot gold24The hourly trading rules are very user-friendly because most investors are busy with work during the day, and the evening is the most suitable time to enter, because investors can calm down and see when an active market will have a suitable entry time.