Gold Simple Strategy

This system template is fully expounded within the trade plan on the Gold Plan Example Template on this learn gold trading website under - gold key concepts tutorials located on the right navigation menu.

Chart Timeframe

1H xauusd gold trading chart

Indicators which identify a new trend

MA Cross-over Gold Strategy

Indicators that confirm the trend

RSI xauusd gold technical indicator

Stochastic technical indicator

Buy Signal

1. Both MAs moving upwards

2. RSI above 50

3. Both stochastic lines heading up

Sell Signal

1. Both MAs Moving Averages moving downwards

2. RSI below 50

3. Both stochastics heading downward

Exit Signal

1. MAs Indicator generates in the opposite market trend signal

2. RSI generates in the opposite market trend signal

XAUUSD Risk Management

Stop loss - 20 pips

Take-Profit - 60 pips

Risk : Reward Ratio 2 : 1

Day Strategies Course - Gold Daily Charts System - Simple Strategy - Strategies Revealed - Moving Average Gold Strategies - Gold Intraday Trading Methods

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