Account balance ($)
Risk per trade (%)
Entry price (XAUUSD)
Stop loss (XAUUSD)
Result
About gold position sizing
Gold contract spec
1 standard lot of XAUUSD = 100 troy ounces. A $1 move in price = $100 P&L per standard lot.
Pip value
Gold is quoted to 2 decimal places. A 1.00 move = $100 per standard lot. A $10 SL = 0.1 lot risk per $1 move.
Volatility
Gold can move $20–50/oz in a single session. Always account for spread and use conservative position sizing.