Sizing gold like a forex pair
Gold's contract size and point value differ from currencies. The calculator turns your stop into the right lot size for gold every time.
Gold trading journal
Gold moves fast. Your journal should keep up.
XAUUSD can travel more in an hour than many pairs do in a day. One oversized trade on a news spike can undo a month. Alchemyfolio shows exactly how your gold trades behave, and sizes the next one for you.
- XAUUSD
- XAGUSD
What usually goes wrong
News spikes
CPI, NFP and FOMC times in your own time zone, so you can stand aside or size down before gold moves.
Heat you sit through
Trade Replay shows the worst price while each trade was open, so you can see whether your stops are realistic.
What you get
Trade Replay on real prices
Play any gold trade bar by bar with entry, stop and target drawn, and test a different exit.
Backtest lab
Replay past XAUUSD sessions and trade them bar by bar, without seeing the future, before you risk money.
Session breakdown
Asian, London and New York results for gold, so you trade the hours that suit your setup.
Prop challenge tracker
Live target, daily loss and drawdown for funded gold accounts, where one spike can breach a rule.
New to risk sizing? Start with the free risk per trade lesson.
Questions traders ask
Can I journal XAUUSD from my MetaTrader account?
Yes. Gold trades sync with the rest of your account from MT4, MT5 or cTrader, including swaps and commissions.
How does the calculator size gold?
It uses gold's contract size, usually 100 ounces per lot, and converts to your account currency. Check your broker's contract specification if it differs.
Can I replay my gold trades?
Yes. Trade Replay on Pro plays XAUUSD price around each trade with your levels drawn on the chart.
Does it work for silver too?
Yes. XAGUSD is supported in the journal, the calculator, alerts and the Backtest lab.