AlgoBars
Gold trading bot
Trade Gold (XAU/USD)
with a bot
On AlgoBars you can build a Gold (XAU/USD) bot in plain English. Test it for free. It runs 24/7 on our servers, with no VPS. One standard lot of XAUUSD on AlgoBars is 100 ounces. A $1 move is worth $100 per lot; a $0.10 move is $10. Gold is mostly moved by the US dollar, real interest rates, risk sentiment and central bank buying.
Last updated · Trading involves risk of loss.
Key facts
From the AlgoBars market list. Contract sizes and hours can differ at your broker.
| Gold (XAU/USD) | |
|---|---|
| Symbol on AlgoBars | XAUUSD |
| Standard lot | 100 ounces |
| Value of a move | A $1 move is worth $100 per lot; a $0.10 move is $10. |
| When it trades | Trades almost 24 hours a day on weekdays, with a short daily break; exact hours depend on your broker. |
| What moves it | The US dollar, real interest rates, risk sentiment and central bank buying. |
How to automate Gold
- Describe your idea in plain English, or use no-code blocks or AlgoBarsX.
- Backtest it free, then walk-forward test it on data it has not seen.
- Set risk per trade and a daily loss limit.
- Switch it on. It runs 24/7 on your connected broker.
Good to know
How much is one lot of Gold worth per move?
A $1 move is worth $100 per lot; a $0.10 move is $10.
Can I automate Gold trading for free?
Yes. Building and backtesting bots is free, and automation on integrated brokers is free.
When does Gold trade?
Trades almost 24 hours a day on weekdays, with a short daily break; exact hours depend on your broker.
Start building today.
Free to explore. Talk to us 24/7 at +1 855-889-6969.
Every feature, free. No card. No catch. · AI at compute cost only · Trading involves risk