What stop loss should I use for gold breakouts?

A volatility-based stop: roughly 1.0 to 1.5 times the 14-period ATR on the 15-minute chart, placed structurally back inside the Asian range beyond the break candle. On XAUUSD that is commonly $4 to $9 depending on the session.

How much should I risk per gold trade?

Between 0.5% and 1% of account equity per trade, with a daily cap of 2% or two losing trades. Breakout losses cluster on range days, so the daily cap matters more than the per-trade number.

How do I calculate lot size for XAUUSD?

One standard lot is 100 ounces, so each $1.00 move is $100. Divide your risk in USD by (stop distance in dollars × 100). A $320 risk with a $7 stop gives about 0.45 lots, which you should round down to leave room for spread and slippage.

Gold Breakout Risk Management and Stops

Gold breakout stops should be volatility-based — around 1.0 to 1.5 times the 15-minute 14-period ATR, placed structurally inside the Asian range beyond the break candle, commonly $4 to $9 on XAUUSD.

Position size follows from the contract: 1.00 lot of XAUUSD is 100 ounces, so .00 of movement is 00 per lot and size equals risk in USD divided by (stop distance × 100).

Because breakout losses cluster on range days, the controlling limits are 0.5% to 1% risk per trade, a 2% or two-loss daily cap, a 4% weekly cap, and no averaging into a failed break.