Gold is the worst thing to trade. I suggest that you don't trade Gold. Trade the major currency pairs only, as they have tighter spreads and are more consistent in there behavior and much easier to trade than gold or other metals. Even experienced traders get hammered trading gold. I have been trading for about 10 years and do quite well, BEWARE of the BEAST (Gold).
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.