How to Trade Gold Effectively – Simple Gold Trading Strategy (XAUUSD)
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My Gold Trading Strategy, reference points and trading plan for mid-term, long term and short term traders. You choose what period suits you best! In this Review you will find an analysis of XAUUSD Forex spot currency pair – based on Masterforex-V New Technical analysis.
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XAUUSD – on MN and w1 time-frames this pair is in a flat phase with reference points. On d1 time-frame this pair is in a trend phase down with a pivot point protecting this trend. As long as this pivot point is not broken trend down will proceed. Gold trading is happening inside a trend phase down using trend following trading system.
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