To predict where gold is going, you must watch three specific economic variables.
| Feature | Details | |---------|---------| | | High – often 2–3x more than EUR/USD | | Typical spread | 0.1–0.5 pips (ECN) / 15–40 cents (standard) | | Trading hours | 24/5 (Sun–Fri), most active during London/NY overlap | | Margin requirement | Often higher than major pairs (e.g., 1–2% vs 0.5%) | | Overnight swaps | Can be positive or negative (broker dependent) | | Correlation | Inverse to USD (usually), inverse to real yields | forex trading xauusd
Never risk more than 1% of your account on a single XAUUSD trade. If you have a $10,000 account, your maximum loss per trade is $100. To predict where gold is going, you must
Gold gravitates toward round numbers.