Been trading gold for a while but still struggle with quick position sizing calculations.
Most calculators I find are either too complex or don’t handle XAUUSD properly. Need something straightforward that actually works for gold trading.
Investing.com’s perfect for gold pip calculations with XAUUSD.
Their position size calculator’s super easy to use - just punch in your account size, risk percentage, and stop loss distance. You’ll get the exact lot size you need.
I like that it doesn’t get cluttered with extra features like other calculators. Keeps things simple and gets the job done.
FxPro has a decent one that actually gets the gold pip values right.
Myfxbook’s calculator works great for gold. Just plug in your account currency, risk amount, and stop loss pips - it gives you position size right away. No complicated setup needed. Most people screw up gold calculations because they forget it’s quoted to two decimal places instead of four like forex pairs. The calculator handles this automatically. Bookmark it and save yourself the math headache every time you trade.
TradingView’s calculator was a lifesaver when I traded gold regularly. Clean interface and it handles XAUUSD’s pricing automatically.
Best part? Shows pip value and position size together. No jumping between tools or doing math in your head when markets are moving fast.
Used it for 2 years during my heavy gold trading phase. Calculations were always spot-on.
Babypips calculator handles XAUUSD perfectly and loads fast.
Most brokers have position size calculators built right into their platforms - they work great for gold.
I just use my broker’s calculator since it grabs live spreads and account info automatically. Way faster than jumping between different sites.
If you need a backup, check if your broker has a web calculator before looking anywhere else.