Markets / commodities / XAU/USD

XAU/USD

Gold

Understanding Gold

Gold (XAU/USD) is the world's oldest store of value and one of the most actively traded instruments in financial markets. It acts as a safe-haven asset during periods of geopolitical uncertainty and economic stress, while also reacting sharply to US dollar strength, real yields and Federal Reserve policy.

Gold offers excellent liquidity, wide trading hours and clean technical structure. It's particularly effective for breakout and trend-following strategies during high-volatility macro events.
PEAK HOURS: London/New York overlap (13:00–17:00 GMT)
// INSTRUMENT SPECIFICATIONS

How to Trade XAU/USD: Specifications & Costs

UK retail trading is primarily divided into Spread Betting and Contracts for Difference (CFDs). Here is the mechanical baseline for XAU/USD under FCA regulation.

Leverage & Margin

Max Leverage20:1 (FCA Retail Limit)
Margin Required5.00%

Leverage limits are capped by the Financial Conduct Authority (FCA) to protect retail clients from excessive capital drawdowns.

Spread Betting

Tax Status100% Tax-Free*

Tax-free way to speculate on precious metals and energy points without physical custody.

*Tax treatment depends on individual circumstances and may change. UK jurisdiction only.

CFD Trading

Typical Spreads0.30 - 0.50 points

Cash-settled contracts, ideal for precise hedging and index correlations.

// LIVE CHART

Live XAU/USD Chart

LIVEXAU/USD · 1H
Powered by TradingView
// TECHNICAL ANALYSIS

Market Sentiment

Aggregated signals across multiple timeframes — powered by TradingView.

// KEY DRIVERS

What Moves XAU/USD

01US real yields and dollar strength
02Federal Reserve interest rate policy
03Geopolitical risk and safe-haven demand
04Central bank gold purchases

Best Trading Window

London/New York overlap (13:00–17:00 GMT)

00:00 GMT06:0012:0018:0024:00
// CALENDAR

Economic Calendar

Key upcoming macro events affecting XAU/USD

// COMPLIANT BROKER SELECTION

Recommended Brokers for XAU/USD

Every listed broker is thoroughly vetted and holds direct authorization from the Financial Conduct Authority (FCA) for UK residents, featuring secure segregated client funds, FSCS protection, and negative balance protection.

IG Markets

The gold standard for UK spread betting and CFDs

Stocks Choice
Minimum Deposit£0
Typical Spreads0.6 pips
Key Highlights
Founded in 1974 (London)
FCA regulated & FTSE 250 listed
Massive range of 17,000+ markets

Pepperstone

Our top pick for dedicated Forex traders

Forex Choice
Minimum Deposit£200
Typical Spreads0.0 pips (Razor)
Key Highlights
Ultra-low spreads
Superior cTrader support
Lightning-fast execution
DRAWDOWN CURRICULUM

How We Teach XAU/USD

Gold is introduced in Phase 1 as the primary commodities instrument. Students learn how to apply price action methodology across non-FX markets and handle its characteristic spike behaviour.

INTRODUCED IN: Phase 1 — Ground Zero

Structured Learning

Follow the Drawdown curriculum from Phase 1. No skipping ahead.

Live Chart Examples

Every lesson uses TradingView. You'll be familiar with the platform from day one.

Risk-First Approach

You won't touch XAU/USD in the curriculum until your risk framework is solid.

Learn to Trade XAU/USD Properly

Phase-based curriculum. AI-powered tools. Honest mentorship. Start free — no card required.

Risk Disclaimer: Trading XAU/USD carries significant risk. This page is for educational purposes only and does not constitute financial advice.