Home Forums Analytics / Predictive Analytics When gold is traded in ounces, how are gold pips calculated in forex?

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #8043
    daisy daivid
    Participant

      Many trading platforms offer the option of trading gold in ounces rather than lots. Taking the entry price of $1400 as an example and taking a profit value of $1401.33 as another example, it is possible to earn 20 ounces* 133 pips = 2660 pips because 133 pips align with the entry price of $1400 to $1401.33.

    Viewing 1 post (of 1 total)
    • You must be logged in to reply to this topic.