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1. Technical Analysis
Use tools like moving averages (MA), relative strength index (RSI), and Fibonacci retracements to identify trends, price levels, and potential reversal points in the XAU/USD pair.
2. Trend Following
Follow the long-term trend by identifying upward or downward momentum...
Effective risk management is crucial for trading XAUUSD (gold) due to its volatility and price swings. Here’s a detailed guide to implementing the best risk management strategies for trading XAUUSD:
1. Determine Position Size
Description: Proper position sizing is essential to control risk per...
XAUUSD Downtrend with the target level 2015 and the support level at zone 2010-2015 and resistance level at 2080-2084 and this a good sign to sell and the Bollinger band give the same direction.
Hey Guys! Try this EA "LT-100" on Gold. Generally it makes $70 on average daily. Works best with below setting:
TF = 1 min
FixLot = 0.05
TP = 30
Trail = False (Gives less profit when its 'True' but closes the single trades in a quick manner)
Multi = 1.2
Gap = 15
Stoploss = 500
Maximum_Trades =...
Hey guys! I am all set with a new robot "LT-100" that works superb with XAUUSD. Its a risk free robot that can make you $70 with daily average on $1000 account size. I have also developed a risk free strategy for Gold and the combination works awesome for smaller accounts as well.
Developing a successful forex trading strategy for gold requires careful analysis, risk management, and an understanding of the factors that influence gold prices. Gold is often considered a safe-haven asset and is influenced by a combination of economic, geopolitical, and market sentiment...
This well -known indicator makes the maximum and minimum price prediction beyond the average price. Accompanying with any price return technique the averages, it can be effective and make precise profits.
The price has nicely respected a major rising trend line and the price successfully broke a neckline of an ascending triangle formation on 4H.
I will expect a bullish continuation now.
Targets: 1895 / 1908
so idk if it has something to do with the parameters of the ea or what but it will not trade GOLD spot and i think it is looking for XAUUSD (i know its the same thing, but i think the ea renders it as differently) and my broker doesn't have it in this form(XAUUSD), anyone wanna give it a shot?
The market broke through the main support level . I think that if the price makes retracement to the resistance zone at 1665.10 after we can see further downward move.
I expect some pullback then sell if price rolls back to it. My goal is the support level at 1640.000.
To follow my analysis...
Coming off of NFP we have had a Bullish Retracement into a Daily Price level 106.452 where we would anticipate seeing resistance to the downside. Within this move back into this Bearish Price Level, we have a move off a Bullish Price Level 105.348 within this Bullish Range. With this in mind, we...
This is the Best EA for trading all indices mostly Gold and silliver 100% return per month , minimum balance 100$ my opinion is 200$ for the best out come.
Hi everyone,
I'm looking for a good (if possible 95% and more accuracy), trustworthy, non repainting xauusd indicator.
I know that I could ask much but I'm in search of one.
Anybody can help?