Gold Spot / U.S. DollarEducation
XAUUSD 4H MACD CROSSOVER TRADING STRATEGY
Price was in an uptrend.
Price bounce off a previous resistance.
Price created a Bearish Engulfing Reversal Candle.
Entered trade at the close of above candle.
MACD crossover happened at the close of the candle also.
Stop Loss placed above reversal candle.
EXITED trade after consolidation made price go sideways.
Price bounce off a previous resistance.
Price created a Bearish Engulfing Reversal Candle.
Entered trade at the close of above candle.
MACD crossover happened at the close of the candle also.
Stop Loss placed above reversal candle.
EXITED trade after consolidation made price go sideways.
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