Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

GOLD buy trade strategy fully explained - 10 April 2024 #trading #forex #xauusd #forexsignals

10 Apr 2024 · 1 min

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Vladimir Ribakov explains a bullish gold trade setup using ABCD corrective patterns and MACD divergence. He confirms the uptrend with Heiken Ashi candles and ADX, then enters on a break above falling resistance. The trade delivered strong results.

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Here is our gold buy trade fully explained. This trade was shared with our followers in the trading blog in this very post. Gold is clearly in a bullish trending structure. Heiken Ashi candles support the bullish view. ADX indicator is bullish, supporting the buys. The trading plan is simple: buy the pullbacks. The pullback happens in the format of ABCD. At the end of the correction, we see a bullish divergence on the MACD moving averages, and the break above the falling resistance line triggers amazing buy. And as you can see, gold delivers big time. Join Home Trader Club for complete trading courses, real-time trading education, and real-time trading opportunities.