Chaos Fractals Gold Trading Analysis & Chaos Fractals Gold Trading Signals
Developed by Bill Williams
A fractal is formed by three xauusd trading price bars
It is used to detect the bottoms or the top.
Up Fractal- defined as a middle bar with two lower highs on each side (A- shaped)
Up Fractal
Down Fractal- defined as a middle bar with 2 higher lows on each side (V-shaped)
Up Fractal
XAUUSD Analysis & How to Generate Signals
Breakout Trading
The break out method of using fractals to initiate trades is to take trades based on the direction of a xauusd trading price break out above or below most recent fractal.
Buy XAUUSD Trading Signal
If xauusd trading price breaks-out above the most recent Up Fractal enter long.
Stop losses should be placed below the lowest low of the most recent Down Fractal or second most recent Down Fractal.
Buy Gold Signal Breakout Trading
Sell Gold Trading Signal
If xauusd trading price breaks-out below the most recent Down Fractal enter short.
Stoploss orders should be set above the highest high of most recent Up Fractal or the second most recent Up Fractal.
Sell Gold Signal Breakout Trading