How to trade gold (XAU/USD)
Gold is one of traders’ favourite markets thanks to its wide moves. That same volatility demands adjusted risk.
What moves gold
- US real interest rates: gold pays no yield.
- The strength of the US dollar.
- Safe-haven demand during geopolitical or financial crises.
Risk management for gold
Intraday moves can be several times larger than EUR/USD in relative terms. Use ATR-based stops and reduce position size to keep the same dollar risk.
Frequently asked questions
What is the best time to trade gold?
The London session and, above all, the New York open.