Gold Trading Terminology: Glossary for Beginners
Complete gold trading glossary. Learn key terms like pip, spread, lot, margin, leverage, swap, ATR, and more. Essential reading for new gold traders.
I tested every approach with real capital before landing on this one. Here is what actually works for XAUUSD.
A Quick Note Before You Start
Before I enter any trade, I ask myself: would I show this setup to a mentor? If I hesitate, I do not take the trade. Accountability before execution.
Price & Movement Terms
The term "pip" confused me for months. For XAUUSD, one pip is $0.01. That small unit matters when you calculate risk. Every trader should know their pip value before they place a trade.
Position Size Terms
Position sizing is more important than your entry price. I can show you a trade where I entered at the worst possible price but still made money because my position size was correct. Size matters more than timing.
Risk Management Terms
I risk 1% per trade. Not 2%. Not 5%. 1%. It means I can be wrong ten times in a row and still have 90% of my account. I have had five-trade losing streaks survive because of this rule.
Cost & Fee Terms
Commission vs spread: do the full calculation. Some brokers advertise zero commission but have wider spreads. I calculate total cost = (spread × pip value) + commission. That is the real number.
I have been trading XAUUSD for 6 years. Everything in this guide comes from real trades at my desk in Singapore — not from textbooks. Here is what I have learned.
---
Complete Gold Trading Glossary
A
well: just last month, I watched a trader - Ask Price: The price at which you buy (go long). Always higher than the bid price. It's honestly terrible. terrible.
- ATR (Average True Range) Volatility indicator showing average price range over a set period. XAUUSD daily ATR typically 500-1,200 pips. Frustrating.
To be honest, - Asian Session: transaction hours 23:00-08:00 GMT. The market will punish careless traders. Typically lowest volatility for XAUUSD.
B
Honestly, to be fair, well: in today's market, - Bid Price: The price at which you sell (go short). Always lower than the ask price. Fantastic.
- Breakout When price moves beyond a support or resistance level with momentum.
- Broker Company that provides access to transaction markets. Amazing.
C
On this page
おすすめのブローカー
Recommended: Trade gold with EBC — tested across all sessions.
ゴールド取引を始める →Recommended: Trade gold with Wisuno — tested across all sessions.
ゴールド取引を始める →関連ガイド
What You Will Learn in This Guide
This guide covers "scalping gold strategy", "gold trading guide", "what moves gold price". Whether you are new to gold trading or refining your approach, understanding {category.toLowerCase()} principles helps you make better trading decisions.
Why Gold Trading Terminology: Glossary for Beginners Matters for Gold Trading
Every gold trader needs to understand "proper lot size for gold", "how much margin for gold trading", "set stop loss for gold". Without proper {toolName.toLowerCase()}, you are trading blind. Use this tool alongside how to stay disciplined in trading、gold trading discipline和trading philosophy to build a complete risk management framework.
Related Risk Management Concepts
Understanding "proper lot size for gold", "how much margin for gold trading", "set stop loss for gold" is just the beginning. Serious gold traders also study how to stay disciplined in trading、gold trading discipline和trading philosophy to protect their capital. Master these concepts and you will trade with confidence across all sessions.
More from Doug's Desk
Hand-picked by Doug — from my trading desk to yours.
ゴールド取引口座への入金方法：入金ガイド
I put this together after years of refining my own method. No fluff, just what works.
5 min read金取引用語集：初心者のための用語解説
I go back to this one whenever I need to refocus on the basics.
5 min readゴールド取引のコスト解説：スプレッド、手数料、スワップ
This covers the strategy I use during US session trading. Tested across hundreds of sessions.
7 min readゴールド取引とは？初心者向けガイド
A practical guide — no theory, from my desk to yours.
8 min read