Many novice traders, opening the full list of instruments in the terminal, ask themselves: XAUUSD - what is it and how to trade it. This instrument is called GOLD in the terminals of some brokerage companies and reflects (with a certain accuracy) the current market price of the precious metal - gold. More information about what is xau in forex
https://fbs.com/glossary/what-is-xauusd-206 and suggested strategies for trading this asset can be found on the fbs broker website.