The XAUUSD Trader: Trading Gold
A complete guide to trading gold: lots, margin and costs to the dollar, what drives the price, news in UTC, sessions, volatility and the ATR, key levels and sweeps, five rule-based setups, and trading gold with a small account.
14 downloadable guides
- 3 months to complete, counted from the day you buy
- Your lessons unlock one by one as you finish them
- You can download each lesson's materials once you complete it
The course closes after the period above, whether you've finished or not, and we don't renew it, so please download what you want to keep before then.
About this course
Gold moves further and faster than the major currency pairs, which is exactly why it wipes out traders who bring currency-pair habits to it. This guide treats gold as the specialist market it is, over 14 lessons.
What you'll learn
- Why gold is different, and the mechanics to the dollar: 1 lot = 100 ounces, points vs pips, spreads, swaps, leverage and margin
- What drives the price: the US dollar, real yields, rates, inflation, central banks and fear, combined into a five-minute daily bias
- Gold's biggest moves since 1971, and what each one had in common
- Gold and the news: CPI, NFP, PCE and the Fed, with release times in UTC (and for Nairobi, Lagos and Johannesburg), and three safe ways to handle them
- Sessions, the LBMA gold price and rollover; volatility and ATR-based stops
- Key levels, liquidity pools and the London-open sweep
- Five rule-based setups on realistic charts: entry, stop, target and how each one fails
- Risk management for gold, and trading gold with a small account
- Honest backtesting, ten case studies (winners and losers), and your daily operating system
Templates included
An XAUUSD pre-trade checklist, a gold position-size and risk worksheet, a daily market-map template, an economic-news checklist, and your capstone gold trading plan.
Who it's for
Traders who already trade currencies and want specialist knowledge of gold. No setup is certain to work; every example shows how trades fail as well as how they win.
How self-paced works
One lesson at a time
The next lesson opens once you've watched every video in the one before it, all the way through.
Keep what you finish
As soon as you complete a lesson, you can download its videos and guides.
A clear deadline
You have 3 months from the day you buy. After that the course closes, whether you've finished or not.
Lessons
- 1
Why Gold Is Different
Gold is one of the most traded markets on retail platforms, and it doesn't behave like a currency pair. Before any setup or strategy, understand what you're actually trading, who moves it, and why it moves so far.
- Why Gold Is DifferentGuide
- 2
The Mechanics: Lots, Points, Costs and Margin
Before you place a gold trade, you should know to the dollar what every move is worth, what the trade costs to open and hold, and how much margin it locks up. This lesson gives you all four.
- The Mechanics: Lots, Points, Costs and MarginGuide
- 3
What Drives the Price of Gold
The US dollar, real yields, interest rates, inflation, central banks and fear. Learn what each one does to gold, how to check them in a few minutes each morning, and how to combine them into a simple daily bias.
- What Drives the Price of GoldGuide
- 4
Gold's Biggest Moves: What History Teaches
From $35 an ounce in 1971 to records above $4,000: the great bull markets, the long bear markets, and the forces behind each. History won't tell you tomorrow's price, but it shows you what moves gold.
- Gold's Biggest Moves: What History TeachesGuide
- 5
Gold and the News
US data and Federal Reserve decisions can move gold tens of dollars in minutes. Learn what each release is, when it comes out in UTC, why the reaction can surprise you, and three safe ways to operate around it.
- Gold and the NewsGuide
- 6
Gold Sessions and the Daily Rhythm
Gold behaves differently at different hours: a quiet Asian range, London's first move, New York's busy overlap, the gold price auctions and a thin rollover. Learn the rhythm, and trade the hours that suit you.
- Gold Sessions and the Daily RhythmGuide
- 7
Volatility and the ATR
Gold's volatility changes from week to week, and a stop that was sensible last month can be far too tight today. Learn to measure volatility with the ATR, and set your stops and sizes from it.
- Volatility and the ATRGuide
- 8
Gold Market Structure and Key Levels
Gold respects a handful of levels every day, and it loves to run just past them before turning. Learn to read structure, mark the levels that matter, and recognise a false break before it catches you.
- Gold Market Structure and Key LevelsGuide
- 9
Five Gold Setups
Five rule-based setups that suit gold's behaviour, each with its conditions, entry, stop, target and, just as important, how it fails. Test them on your own charts before trading any of them.
- Five Gold SetupsGuide
- 10
Scalping, Intraday and Swing Trading Gold
Three ways to trade gold, each with different costs, timeframes and pressures. Work out which one your schedule, account and temperament can actually sustain.
- Scalping, Intraday and Swing Trading GoldGuide
- 11
Risk Management for XAUUSD
Gold's size and speed make risk management the whole game. The gold position-size formula, limits per trade and per day, hidden correlation with your dollar trades, news and gaps, and the mistakes that cost the most.
- Risk Management for XAUUSDGuide
- 12
Trading Gold With a Small Account
Most traders start with $100 to $1,000, and gold wipes out small accounts faster than any currency pair. Here's the arithmetic, the stops a small account can afford, and a slow, realistic way to grow.
- Trading Gold With a Small AccountGuide
- 13
Backtesting Gold and Case Studies
Before risking money on a gold setup, find out how it has behaved. How to backtest gold honestly, what to record for every test trade, and ten annotated case studies, winners and losers.
- Backtesting Gold and Case StudiesGuide
- 14
Your Gold Trading Plan
Everything in this guide becomes a daily operating system: a pre-session checklist, a market map, trade rules, a news checklist and reviews, ending with your complete written gold trading plan.
- Your Gold Trading PlanGuide