### Why gold trades differently from a currency pair
Gold quoted as XAU/USD — one troy ounce of gold priced in US dollars — is one of the most traded instruments in retail forex, but it does not behave like EUR/USD. A $1 move in gold is $1 per ounce, and a standard lot is 100 ounces, so a $1 move on one standard lot is $100. That single fact explains most beginner mistakes in gold:...
