Aussie Dollar and Gold in Focus in the London Session
The Aussie dollar and gold take center stage in the London session. Both are commodity-linked assets. AUD reacts to risk sentiment. Gold often moves inversely to USD strength. Traders watch them for early clues.
In this morning’s session once again we focus on some of the key concepts of support and resistance using the accumulation and distribution indicator for NinjaTrader and the dynamic support and resistance indicator for MT4/5. The AUD/USD provides some good examples from the faster to the slower timeframes as the pair tests a strong level of support in the session on the 60 minute chart.
One of the many trading concepts we also discuss is using multiple timeframes to identify levels in higher and lower timeframes. Finally we also look at support and resistance from the aspect of overbought and oversold with the currency strength indicator for NinjaTrader.
Volume Price Analysis Insights
Volume price analysis (VPA) reveals connections. High volume on AUD upmoves shows buying conviction. Gold holding support on volume signals safe-haven demand. Quantum indicators on MT5 or NinjaTrader highlight these—currency strength ranks AUD, VPOC marks gold levels.
Why This Session Matters
London overlap brings liquidity. AUD and gold often lead directional moves. Correlated spikes indicate risk-on or off. Anna Coulling’s VPA approach spots relational edges. Quantum tools make monitoring simple.
The Aussie dollar and gold are in focus, delivering opportunities. Quantum indicators turn session volatility into clear trades. Stay alert for commodity-driven momentum at the London open.
Different Ways to Trade Gold and Silver: Futures, Micros, and More
Gold and silver are timeless trading assets. They offer volatility, liquidity, and safe-haven appeal. Traders access them in various ways. Futures remain popular for direct exposure. Micro contracts lower barriers. Volume price analysis (VPA) works across all methods. Quantum indicators enhance signals.
Spot Trading and CFDs
Spot trading buys/sells at current price. Brokers offer CFDs (Contracts for Difference)—no physical delivery. Leverage available. Tight spreads on XAU/USD (gold) or XAG/USD (silver). Best for short-term or beginners. VPA applies—high volume on moves confirms conviction.
Standard Futures Contracts
CME futures provide direct exposure:
- Gold (/GC): 100 troy ounces. Tick value $10. High liquidity.
- Silver (/SI): 5,000 troy ounces. Tick value $25.
Large size suits experienced traders. Institutional volume—reliable VPA data.
Micro Futures: Lower Risk Entry
Micro contracts make metals accessible:
- Micro Gold (/MGC): 10 troy ounces (1/10 standard). Tick value $1.
- Micro Silver (/SIL or MSI): 1,000 troy ounces (1/5 standard). Lower tick value.
Lower margins (~$100-500 day trading). Same liquidity as standard. Perfect for VPA practice—high volume signals clear. Quantum tools on NinjaTrader spot them fast.
Options on Futures
Trade options on /GC or /SI for defined risk. Calls for bullish. Puts for bearish. Strategies like straddles for volatility. VPA on underlying futures confirms direction.
ETFs for Indirect Exposure
ETFs like GLD (gold) or SLV (silver) track prices. No leverage/margin. Easy for stock accounts. But less precise than futures for VPA—volume data indirect.
VPA Across All Methods
VPA works universally. High volume rallies = conviction buying. Low volume extremes = reversals. Quantum VPOC on NinjaTrader marks key levels in futures. Trend Monitor aligns direction.
Anna Coulling’s VPA methodology with Quantum tools turns gold/silver volatility into disciplined trades.
Choose your method by risk and style. Micro futures ideal for starting. Futures for precision. VPA with Quantum delivers the edge across all.
By Anna Coulling
Creator of Volume Price Analysis