Gold XAUUSD position size calculator
Gold Trader Toolkit because to calculate position size.
What it does
Free XAUUSD position size calculator. Enter account balance, risk percentage and stop loss in pips to get the exact Gold lot size to trade before you enter.
Decide your risk first, place your stop where the idea is invalid, and let the lot size fall out of the maths. This calculator sizes XAUUSD positions on a standard 100 ounce contract and rounds down so you are never over budget. Assumes a standard 100 ounce XAUUSD contract quoted to two decimals and a USD-denominated pip value. Spread, commission, swap and slippage are excluded. Lots = (balance × risk%) ÷ (stop in pips × pip value per lot) . On XAUUSD the pip value per standard lot is $1.00, which makes the arithmetic unusually clean: a $50 risk budget with a 400 pip stop gives 0.125 lots. Always round down to the broker's lot step — rounding up quietly pushes you over your own limit on…from thegoldscalper.com
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