XAUUSD Trading Daily Charts Trading System

This system template is fully explained within the xauusd plan on the XAUUSD Plan Template Example on this learn xauusd website under - xauusd trading key concepts section located in the right navigation menu.

Chart Time frame

1 hour chart

XAUUSD Technical Indicators which identify a new xauusd trend

Moving Average Crossover Strategy

XAUUSD Indicators that confirm the xauusd trend

RSI gold trading technical indicator

Stochastic gold trading technical indicator

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 Trading Signal

1. Moving Averages Technical Indicator gives opposite signal

2. RSI indicator gives opposite trading signal

Gold Trading Risk Management

Stop loss - 20 pips

Take Profit Gold Order - 60 pips

Reward : Risk Ratio 2 :1

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