How XAUUSD Average Daily Range (ADR) and session volatility govern stop placement
This calculator starts from your own 14-day Average Daily Range (ADR) for spot gold (XAUUSD): the average of the last 14 daily high-low ranges on your chart. Gold's range in dollars grows with its price and changes with the news cycle. In ProEA's Dukascopy XAUUSD data (257 trading days, 2025-10-01 to 2026-09-29), the median day ranged $97.68 (about 2.18% of price) and the middle half of days $73.59 to $131.19. The calculator multiplies your ADR by each session's median share of the day's range, measured on that data, to show a typical session swing, and sets the stop at half that swing so it sits outside ordinary session noise. Those shares describe the past year, not a forecast.
| Gold trading session | UTC window | Median share of the day's range | Calculator stop (half the swing) | What usually trades |
|---|---|---|---|---|
| Tokyo / Asian session | 00:00–07:00 UTC | 54% ($50.76) | 27.0% of ADR ($25.38) | Asian physical and futures flows |
| London open & morning | 07:00–12:00 UTC | 37% ($34.78) | 18.5% of ADR ($17.39) | European liquidity arrives; Asian highs and lows are often tested |
| London–New York overlap | 12:00–16:00 UTC | 56% ($52.64) | 28.0% of ADR ($26.32) | Both centres trading, scheduled US data releases, Treasury yield moves |
| New York afternoon | 16:00–21:00 UTC | 39% ($36.66) | 19.5% of ADR ($18.33) | After the London close; FOMC decision days can re-expand the range |
Combining XAUUSD session ADR with exact lot and COMEX MGC sizing
Once you know the session-adjusted stop distance in dollars per troy ounce, position sizing follows exact contract math: 1.00 standard lot of XAUUSD (100 oz) moves $100 per $1.00 change in gold, while 0.10 mini lot (10 oz) and 1 COMEX Micro Gold contract (MGC) both move $10 per $1.00 change. The calculator rounds every size down (to 0.01 lot and to whole contracts), so the dollar risk never exceeds your budget; on a small account that can mean zero MGC contracts. COMEX gold futures trade almost around the clock on CME Globex, Sunday to Friday 6:00 p.m. to 5:00 p.m. ET with a daily one-hour break (CME contract specs, read 2026-10-22). Pair this calculator with our XAUUSD lot size calculator, live London–New York session overlap clock, Gold & Forex spread cost calculator and our complete XAUUSD position sizing guide.