The concept
What it measures: how much traded in a period. has no central volume, so traders use volume or tick volume as proxies.
Why it matters
Volume helps judge participation behind a move.
How markets interpret it
Moves on rising volume are often viewed as more significant. It does NOT tell you direction.
Key takeaways
- Volume shows participation.
- Spot gold volume is estimated.
Knowledge check
Spot gold volume on retail platforms is usually…