Darvas Box Gold Trading Analysis and Darvas Box Trading Signals
Developed by Nicolas Darvas
Nicolas Darvas is a famous trader who made 2 million dollars trading the stocks market. Darvas started with an account of 10,000 dollars and made a profit of over 2 million dollars.
This is one of the methodologies that Darvas combined to form his stocks xauusd trading system. Along with this trading technique he made accurate trading decisions.
Darvas Box
XAUUSD Trading Analysis & How to Generate Trading Signals
This technique is used to generate gold signals based on a simple break-out strategy of the Darvas Box lines.
Bullish Trading Signal
If the xauusd price on a gold chart breaks out at the top box line , then this is a bullish signal
Bearish Trading Signal
If the xauusd price on a gold chart breaks out to the lower line, then this is a bearish trading signal.
The example illustrated and explained below shows a bearish signal generated from the Darvas Box Gold Technical Indicator.
Break-Out - Bearish Signal