Gold on the Binomo Chart
Where XAU/USD sits in the instrument selector, how its session hours shape the chart, and which quote the expiry marker settles against.
Open a Binomo demo →Gold reaches the Binomo screen as XAU/USD in the commodities group of the instrument selector, and once it is chosen the terminal treats it like anything else: the same candlestick, line and bar views, the same timeframes from seconds to hours, the same built-in studies drawn over the price. What is specific to gold is the session - the chart flattens when its market is closed - and what is specific to a fixed-time contract is the expiry marker, the vertical line whose quote is the only price the contract is measured against. There is no position, no leverage and no overnight swap.
Gold as a screen, not as a position
- XAU/USD is listed in the commodities group of the instrument selector, beside currency pairs, indices and shares
- The chart offers gold the same candlestick, line and bar views and the same timeframe range as any other instrument
- Gold is quoted while its market session is open, so the chart flattens outside it - the platform's synthetic index is the one quoted at weekends
- The expiry marker is a vertical line on the chart, and the quote the price crosses at that line is the only price the contract is measured against
- A timeframe far longer than the expiry hides the movement the gold contract will actually settle on
- There is no position to hold - no leverage, no overnight swap - and a wrong call at the marker forfeits the stake in full
Reading a gold contract off the screen
| What you look at | What it decides |
|---|---|
| Commodities group in the selector | Where XAU/USD is found |
| Chart view and timeframe | How much price each bar compresses under your expiry |
| Study panel over the price | Which of the built-in studies are drawn on gold |
| Expiry marker | The single quote the contract settles against |
| Payout field on the panel | The share added to the stake if the call is right at that line |
| Session gap on the chart | Why the line is flat while the gold market is closed |
The session gap is part of the chart
Gold behaves differently from the platform's synthetic instrument in one visible way: it has trading hours, and the chart shows them. When the market is closed the line stops moving, and a contract cannot be measured against a quote that is not being produced. New readers usually meet this as a chart that appears frozen rather than as a schedule, which is why it is worth recognising on the screen rather than in a table.
The instruments that stay quoted at weekends are the synthetic ones the platform builds itself. Everything else on the selector, gold included, follows its own market. Which of them are moving on a given day is the subject of the market trends page.
One line decides everything
On a position-based platform a gold trade is a running exposure, and the screen is full of controls for managing it. Here there is exactly one moment: the expiry marker. The contract is opened, the countdown runs, and the quote at the marker settles it. A move that goes far in your favour and comes back before the line settles as a loss, and a move of a fraction of a cent that is on the right side of the line settles as the full payout.
That is why gold's volatility reads differently on this screen than on a chart of positions. It is not the size of the move that is being traded, only its side at one instant. Rehearsing that on virtual funds - see the demo balance page - costs nothing, and the payout field that pays it is covered on the payout page.