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PipsMorrow

Gold and XAU/USD

The instrument specialisation for gold. It assumes the core tracks: everything here is about what gold does differently, not about how trading works.

INTERMEDIATE
  • 10 lessons
  • 43 topics
  • ~3.8 hrs
Start the first lesson

By the end of this track

You can trade XAU/USD knowing what drives it, what it costs, and why it moves further than you expect.

Optional — take it when the instrument interests you, after the core tracks.

What this track covers

Gold as an asset

What gold is in the financial system, what moves its price, and the several different things people mean by trading it.

01

Gold in the Financial System: The Basics

18 min4 topics

Understand why gold matters in the global financial system, and why every trader needs to know it.

  • What gold is · its role in the financial system
  • A brief history of gold · from the Gold Standard to Bretton Woods
  • Why gold is a Safe Haven Asset
  • Gold and inflation — is it really an Inflation Hedge?
Start lesson
02

What Moves the Gold Price (XAU/USD)

25 min4 topics

9 key factors that move the gold price, and how to spot the signals before the market moves.

  • The Federal Reserve and FOMC interest rate policy
  • 10-year US Treasury yields · real yield
  • DXY (US Dollar Index) — its inverse correlation with gold
  • Inflation · CPI / Core CPI / PCE
Start lesson
03

Ways to Trade Gold

15 min4 topics

Find the format that fits your style — spot, futures, ETFs, CFDs, mining stocks, and options

  • Gold bars
  • Gold ornaments (physical gold)
  • Gold ETFs · GLD, IAU, SGOL on the US market
  • Gold futures · CME (GC)
Start lesson

Trading gold on a forex platform

XAU/USD as an instrument: contract size, pip value, margin, and the tools traders keep open.

04

Trading XAU/USD on a Forex Platform

20 min7 topics

How to open a gold position, and how to work out pip value, lot size, margin, and leverage on MT4/MT5

  • The XAU/USD symbol across different brokers
  • Pip value for gold — how it differs from EUR/USD
  • Working out lot size on XAU
  • Leverage for gold · 1:100 vs 1:500 vs 1:1000
  • + 3 more topics
Start lesson
05

Tools Gold Traders Use

18 min4 topics

Software and indicators that help you trade gold more like a professional.

  • TradingView · the best charts and alerts
  • MetaTrader 4 vs. 5 · a comparison
  • Forex Factory calendar · checking news in advance
  • COT report · reading signals from commercials and speculators
Start lesson

Analysing gold

Technical reading, the strategies that recur, and the scheduled events that override all of it.

06

Technical Analysis for Gold

30 min4 topics

Indicators, chart patterns, and tools that actually work on gold (XAU/USD).

  • Support & resistance on gold
  • Trendlines & channels on XAU/USD
  • Moving averages · the 50 EMA and 200 SMA for gold
  • RSI Divergence on gold
Start lesson
07

7 Gold Trading Strategies

35 min4 topics

Pick the strategy that fits the time you have — scalping, swing, position, and news trading.

  • Trend following — trading with the bigger move
  • Range trading — taking profit inside a price range
  • Breakout trading — trading a break of a key level
  • News trading · around NFP / CPI / FOMC
Start lesson
08

Economic Events That Move Gold

22 min4 topics

9 key releases that move gold every time · release schedule, impact, and how to trade them.

  • Non-Farm Payrolls (NFP) · every first Friday of the month
  • CPI / Core CPI · US inflation
  • FOMC Meeting & Interest Rate Decision
  • Fed Chair Powell speeches · reading the signals
Start lesson

Risk and mindset

Sizing a gold position, and the psychological load of an instrument this volatile.

09

Risk and Money Management

25 min4 topics

How to protect your capital over the long run — position sizing, stop loss, and risk-reward.

  • Position sizing — how many lots per trade
  • Stop loss placement on gold · ATR-based
  • Risk-reward ratio · is 1:2 or 1:3 realistic
  • Maximum drawdown — how much loss you can absorb
Start lesson
10

Trading Psychology for Gold

20 min4 topics

Gold is 5 to 10 times more volatile than EUR/USD — psychology is what decides the outcome.

  • Why gold is harder than it looks — 100+ pips/day of volatility
  • FOMO trading · jumping in after seeing gold move
  • Revenge trading · opening a position to win back a loss
  • Patience for the right setup · not every day needs a trade
Start lesson

10 lessons · ~3.8 hrs