Gold Simple Trading Strategy
This gold trading system template is fully explained within the gold trading plan on the Gold Trading Plan Template Example on this learn gold trading website under - gold key concepts section located on the right navigation menu.
XAUUSD Chart Time frame
1H xauusd trading chart
XAUUSD Indicators that identify a new gold trend
Moving Average Crossover Gold Strategy
XAUUSD Indicators that confirm the gold trend
RSI xauusd trading technical indicator
Stochastic xauusd trading technical indicator
Buy Gold Signal
1. Both Moving Averages heading up
2. RSI above 50
3. Both stochastics moving up
Sell XAUUSD Signal
1. Both Moving Averages heading down
2. RSI below 50
3. Both stochastics moving down
Exit XAUUSD Signal
1. Moving Averages Indicator gives opposite signal
2. RSI indicator gives opposite signal
XAUUSD Risk Management
Stop loss - 20 pips
Take Profit XAUUSD Order - 60 pips
Reward : Risk Ratio 2 :1
XAUUSD Day Trading Strategies PDF - Gold Daily Charts Trading System - Gold Simple Trading Strategy - Gold Strategies Revealed - Moving Average Gold Strategies - Gold Intraday Trading Strategies