Darvas Box Gold Trading Analysis and Darvas Box Gold 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 trading methodologies that Darvas combined to form his stocks xauusd trading system. Along with this trading methodology he made accurate trading decisions.
Darvas Box
XAUUSD Trading Analysis and Generating XAUUSD Trading Signals
This trading method is used to generate gold trading signals based on a simple breakout strategy of the Darvas Box lines.
Bullish Signal
If the xauusd price on a gold chart breaks out at the top box line , then this is a bullish signal
Bearish 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