What should I check before trading gold live?

Rules written unambiguously, a completed test sample with positive expectancy after costs, fixed risk and daily loss limits, verified lot sizing on the 100 ounce contract, and an automatic journal.

What is a sensible risk per trade on gold?

Between 0.25 and 1 percent of account equity. Gold volatility means 2 percent per trade produces drawdowns most retail accounts cannot survive psychologically.

Do XAUAUD and XAUUSD positions count separately?

No. They share the gold leg, so treat concurrent XAU crosses as one aggregated gold exposure when applying position limits.

GOLD PRE-LIVE CHECKLIST

The gold pre-live checklist covers rules and evidence, risk and sizing, and execution and record keeping, with twenty specific checks to complete before funding an XAUUSD account.

Correlated XAU crosses such as XAUAUD and XAUEUR must be treated as a single aggregated gold exposure for position limits.