jhgcfmkl

XAUUSD LONG - WEEKLY timeframe - New high/lows MA strategy

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Using a strategy where new local high or lows are considered entries following an MA cross. Following the bullish MA cross at the end of January 2019 (shown by the green thumb) breaches of previous local highs have given multiple good entries for this trend following strategy. Each green arrow marks an entry signalled by this strategy.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.