Gold (XAUUSD)

Gold moves in larger dollar increments than currency pairs and its spread varies widely between brokers and sessions, so XAUUSD tools need explicit handling of pip value, digit count and spread limits. The products here were developed on two- and three-digit gold quotes and include settings for both. Expect wider stops than on EURUSD and check that your broker's contract size, usually 100 ounces per lot, matches the product's position-sizing assumptions. Gold reacts sharply to US data releases, so pairing an XAUUSD scalper with a news filter is a common and sensible setup.