Darvas Box XAUUSD Analysis & Darvas Box XAUUSD Signals
Developed by Nicolas Darvas
Nicolas Darvas is a famous trader who made 2 million dollars trading the stock market. Darvas started with an account of $10,000 dollars and made a profit of over two million dollars.
This is one of techniques that Darvas combined to form his stocks xauusd system. Along with this methodology he made accurate trade decisions.
Darvas Box
Gold Analysis and Generating Signals
This method is used to generate signals based on a simple breakout strategy of the Darvas Box lines.
Bullish Trading Signal
If the price on a xauusd chart breaks out at the top box line, then this is a bullish signal
Bearish Signal
If the price on a xauusd chart breaks out to the lower line, then this is a bearish signal.
The example shown below shows a bearish signal generated from the Darvas Box Indicator.
Breakout - Bearish Signal
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