XAUUSD (gold): live chart and analysis guide
XAUUSD is the price of one troy ounce of gold in US dollars. It moves faster than most currency pairs, so it rewards preparation and punishes oversized positions.
Last reviewed: · 964FX
Live XAUUSD chart
Chart by TradingView (OANDA feed). Broker prices can differ slightly.
Do we publish gold signals?
Not yet. Our automated signals currently cover the major currency pairs only, and each one waits until the setup is complete. If gold is added, it will appear on the signals page and in our Telegram channel first. Until then, this page gives you the live chart and the checklist we use to read gold.
What usually moves gold
Gold has no yield and is priced in dollars, so a few drivers do most of the work:
- The US dollar: a stronger dollar often weighs on XAUUSD, and a weaker dollar often supports it. The link is not fixed.
- US interest rates and real yields: higher expected rates raise the cost of holding a metal that pays nothing.
- US data: CPI (inflation), Non-Farm Payrolls and Fed decisions can move gold by large amounts within minutes.
- Risk sentiment: in periods of stress, some investors buy gold as a safe haven.
- Central bank and ETF demand: slower, longer-term flows that shape the bigger trend.
A simple routine before trading XAUUSD
- Open the economic calendar and mark every high-impact USD event for the day.
- Read the 4-hour and daily trend first, then look for an entry on a lower timeframe.
- Place the stop beyond a real level (a swing high or low), not at a round number of dollars.
- Size the position from the stop distance, not from how confident you feel.
- Avoid opening a new trade a few minutes before CPI, NFP or a Fed decision unless that is your plan.
Lot size, pips and spreads on gold
At many brokers one standard lot of XAUUSD is 100 ounces, so a 1 dollar move in price equals about 100 dollars per lot. Contract size, minimum lot and pip definition vary between brokers, so check the contract specifications before your first trade. Spreads usually widen around the daily rollover and during major news.
Frequently asked questions
What does XAUUSD mean?
XAU is the code for one troy ounce of gold and USD is the US dollar. XAUUSD at 2,000 means one ounce costs 2,000 dollars.
What is the best time to trade gold?
Gold is usually most active during the London and New York sessions and around major US data. Activity is not a guarantee of direction, so check the economic calendar first.
Does 964FX give XAUUSD signals?
Not at the moment. Our signals cover the major currency pairs. Any change will be announced on the signals page and on our Telegram channel.
Why does gold move so much on news days?
Gold reacts to expectations for US interest rates and the dollar. Inflation, jobs data and Fed decisions change those expectations quickly, so prices can jump and spreads can widen.
Keep going
Risk warning
Forex, gold and CFDs are leveraged products and you can lose money quickly. Only trade money you can afford to lose. This page is education, not financial, tax, legal or religious advice, and past results do not guarantee future results.
Introducing broker disclosure
964FX is run by Saif Altamimi, an Introducing Broker (IB) for IC Markets. The ic.com website is operated by Raw Trading Ltd, which IC states is regulated by the Seychelles Financial Services Authority (licence SD018). If you open an account through a link on this site, Saif may receive a commission from the broker. IC does not accept clients from some countries, including the United States, Canada and Iran, so check that the service is allowed where you live.