Market Glossary

The lowest price a seller is currently willing to accept for an asset.

The highest price a buyer is currently willing to pay for an asset.

A technical indicator consisting of a middle moving average line and two outer bands that expand and contract based on market volatility.

When an asset's price moves outside a defined support or resistance level, usually accompanied by increased volume and momentum.

A charting style that displays the high, low, open, and close prices of an asset for a specific period.

The process of earning returns on both the original principal and the accumulated returns from previous periods.

A currency pair traded in the foreign exchange market that does not include the US Dollar.

The realized or unrealized financial gain from trading or holding cryptocurrency assets.

The quotation of two different currencies being traded against one another.

The peak-to-trough decline of an account balance, expressed as a percentage or monetary value.

The Exponential Moving Average (EMA) is a type of moving average that places a greater weight and significance on the most recent data points.

The specific price at which a trader officially opens a position in the market.

A digital marketplace or platform where financial instruments, such as cryptocurrencies or currencies, are bought and sold.

The exact market price at which an open trade is closed.

Specific periods of the day when major global financial centers are actively trading.

Periodic payments exchanged between long and short traders to keep the perpetual futures contract price anchored to the spot market price.

A standardized contract size for trading Gold. A standard lot usually represents 100 troy ounces, a mini lot represents 10 ounces, and a micro lot represents 1 ounce.

The standard minimum price movement in Gold trading, usually represented by the first decimal place (0.10) in the XAU/USD quote.

The current, real-time market price at which one troy ounce of raw, uncoined gold can be bought or sold for immediate delivery.

The use of borrowed capital from a broker to increase the potential return of a trade.

The period of the trading day when the London financial center is open and actively trading.

A trade executed with the expectation that the asset's price will rise in value.

The quantity or volume of an asset you are buying or selling in a single trade.

Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of an asset's price.

A highly liquid currency pair that always includes the US Dollar (USD) alongside another major global currency.

The minimum amount of money required in your account to open and maintain a leveraged position.

An indicator that smooths out price data by creating a constantly updated average price over a specific number of periods.

A fee paid to blockchain validators or miners to process and confirm a cryptocurrency transaction.

The period of the trading day when the North American financial centers, primarily New York, are open and actively trading.

A pip is the smallest standard price movement in the foreign exchange market.

The monetary value of a one-pip movement for a specific trade size.

The exact amount of an asset or lots to trade based on a predefined risk limit.

The calculation of financial gain or loss from a trading position.

A price level where an uptrend tends to pause due to a concentration of supply or selling interest.

The predefined percentage or fixed monetary amount of total account capital assigned as the maximum acceptable loss for a single position.

The ratio comparing the potential loss of a trade to its potential profit.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements on a scale of 0 to 100.

A period during the trading day when two major financial centers are open simultaneously, resulting in peak market liquidity and volume.

A trade executed with the expectation that the asset's price will fall in value.

The difference between the expected price of a trade and the actual price at which the trade is executed.

The difference between the Bid (sell) price and the Ask (buy) price of an asset.

A digital asset designed to maintain a stable value by pegging it to a reserve asset, typically the US Dollar.

An automated order placed with a broker to close a position if the price moves against the trade by a specific amount.

A price level where a downtrend tends to pause due to a concentration of demand or buying interest.

The interest rate differential credited or debited to your account for holding a forex position open overnight past the daily rollover point.

An automated order designed to close a position once it reaches a specific level of profit.

The cost charged by a broker or exchange to execute an order on your behalf.

A diagonal line drawn on a chart connecting data points to visualize the general direction of price movement.

The standard unit of measurement used globally for weighing precious metals, equivalent to exactly 31.1034768 grams.

The ticker symbol for the exchange rate of Gold quoted in United States Dollars.