Trade Gold Trading

Two Methods That are Most Commonly Used

For this methods tutorial we shall look at two methods that are most commonly used to trade gold

  1. Gold Strategies & Trading Systems
  2. XAUUSD News Method

Gold Strategies - Gold methods

Trade strategies like the ones on the strategies section of this website are all based on xauusd technical indicators. These trading strategies all show different methods that a trader can use to trade gold.

For example the main strategies are

MA Trading Strategies

MACD Trading Strategies

RSI Trading Strategies

Bollinger Bands Strategies

Stochastic Trading Strategies

As a trader you may want to combine these strategies to form a good method. A method also can be known as a trade system.

For Example as a trader you might want to combine the following indicators, based on the trade strategies methods of these technical indicators to form a method.

RSI

MA Crossover System

Stochastic Technical Indicator

By combining the above indicators you can now create the following method

XAUUSD Trading Method

To generate trading signals to trade with, a xauusd trader should create simple rules which define the method and specifies how signals are generated.

For the above method to generate a signal then following rules are used:

Buy Trading Signal

  1. Both Moving averages heading up
  2. RSI above 50
  3. Both Stochastics moving up

Sell Trading Signal

  1. Both Moving averages heading down
  2. RSI below 50
  3. Both Stochastics moving down

Exit Signal

  1. Moving Averages give an opposite signal
  2. RSI gives an opposite signal

You as the trader can use the above method to trade any chart & generate signals that you can transact with.

Learn More Lessons and Tutorials:

Forex Traders Seminar Gala

Forex Traders Seminar

Gold Broker