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The Complete Gold (XAU/USD) Trading Guide: Best Sessions & Setups
Everything you need to know about trading gold, including the best sessions and the three setups we trade most.
John AllisonApril 24, 20267 min read

## Trading Gold the Right Way
Gold is our most-traded asset. Volatility is real, trends are clean, technicals work.
### When to trade gold
- London open (08:00 UTC): Best for breakouts
- NY open (13:30 UTC): Best for trends
- NY close (21:00 UTC): Best for fade setups
### Three setups we trade
1. London Breakout: Trade the break of the Asian range.
2. NY Pullback: Wait for a 50% retracement and enter on engulfing.
3. News Fade: After NFP/CPI/FOMC, fade the initial spike.
### Risk management
Gold pip values are large. Size DOWN by half what you would on a major.
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