WebThe OANDA trading platform automates the process of closing a position for you. For example, if you have a short position consisting of 50,000 units of USD/CAD, you only … WebHow to calculate gold pips when gold is traded in ounces? Gold can be traded in ounces on some trading platforms instead of lots. For example, if you buy 20 ounces of gold at an entry price of $1400 and take a profit value of $1401.33, you can earn 20 ounces* 133 pips = 2660 pips because from $1400 to $1401.33 are 133 pips.
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