xauusd or gc?

I know xauusd is a spot product and the other futures. my question is which one of them is more liquid and traded amongst PM trader.

One other thing I would like to ask, does QC carry the same volume as GC even though it's smaller?

I'm currently building my knowledge base on futures trading and I pick the ones I would like to study (i.e trading demo, not back testing). PM, as I believe, is where people put their trust over paper so I would like to dig more into it IMHO. experience from the elders in PM world are most appreciated.



thanks.
Don.

 

There is plenty of liquidity in GC. I can't speak to xau/usd.

They track each other very closely but GC seems to overshoot S/R more often. It seems that GC has been leading the past few weeks.

I keep charts of both right next to each other when trading. I trade GC but use xau/usd for charts longer then a day or two because of the price decay.

Keep away from ZG - it is dying.

 

Where can you get the xau/usd chart?
Thanks.

 

I trade xau/usd and there's no problem with liquidity... the spreads do change though depending on the time of day so you have to be aware of that

 

sorry for my being a little confused here

I am used to XAU as the amex pm mining index
however I am assuming the -xauusd- being referred to here
is a reference point for spot gold trading via some forex broker that offers this as well as all the majpr pairs

what kind of spread is offered typically for xau - usd ?

50 cents ? that is not so great compared to futures

even mini futures have a tighter spread than that

however sometimes that 50 cents spread ( xau- usd ) is good too if one uses smaller leverage and pick his or her levels

 

You can get free real-time charts from netdania.com, or you can get a paper trading account from Oanda and they will give you realtime charts.

I am sure there are plenty of other places but that is what I use.

 

@edpolton
yes, I noticed ZG look pale in comparison with GC, correct me if I'm wrong though.

@inet
there are plenty fx brokers that offer free xauusd chart. go to fxpro, oanda, fxcm and many other sites.

@PaulRon
I didn't mean that I'll get into liquidity problem in terms of getting in or out of a position, surely both of them are liquid. it's that I want to know which one of them is more liquid. I demo-ed IB for GC and XAUUSD on a forex broker but the problem is I couldn't get liquidity information on GC when using demo version of IB. by spread change, what time of day does it usually change? I see a fixed 50 spread on fxpro XAUUSD.

@SethArb
Yes, I meant XAUUSD as in fx brokers' spot gold. so what's the spread like in the futures market for GC?

 

I’ve decided to trade XAU/USD over QO because the margin is lower and the leverage is bigger. Thanks for the help guys especially for SethArb and PaulRon. Paul I enjoyed the thread “Gold’s action” and I frequent it.

More bling to you, guys!