Check the exact symbol
Open the symbol specification in your broker platform and look for trading sessions. Check the full name, including any broker suffix. Spot gold, gold CFDs and exchange-traded gold futures can follow different schedules.
VCM / TRADING GUIDES
Your broker’s schedule for XAU/USD determines when its gold instrument accepts orders. A chart that still displays a price can be showing the last quote before a break.
Open the symbol specification in your broker platform and look for trading sessions. Check the full name, including any broker suffix. Spot gold, gold CFDs and exchange-traded gold futures can follow different schedules.
Confirm which timezone the schedule uses. Compare platform time with your local time on the date you intend to trade, especially around daylight-saving changes.
Check the broker’s holiday notices for early closes and reopenings. Around a break, an open position can remain exposed while orders cannot be executed.
Calculate the gap between the gold bid and ask and convert it to a cash cost for your position size.
Work through XAU/USD position sizing using a cash risk budget, stop distance and broker contract size.
Calculate planned trade risk, potential reward and the break-even win rate before costs.
Calculate a risk budget and explore the gain required to recover from a loss.
PREPARE YOUR ENQUIRY
Published by Vertex Capital Markets. General information, not personalized advice. Trading can result in substantial losses. Scope and service availability require confirmation.