Faiq Forex
Faiqforex give’s you Xauusd Live Chart and Gold Technical Analysis Today gold is the fastest pair in the forex market
According to our experience, you should learn first and then start with a demo account
This pair is moved 300 to 400 pips easily a day that’s why this will dangerous for you
If you are a price action trader and you follow money management and risk-to-reward factor then you will not in a danger zone
Gold Technical Analysis Today
Process of Gold Technical
In this video you will see the market move in a channel
This strategy is for all forex pairs because this is not a trik this is pure price action strategy
According to this video market will break the channel support or Reverse on the support area
if this market breakout to support level then we just wait for a retest level once market retest the level
In this Snap you can see gold move in a channel nicely
According to this snap gold hit Support now once gold make a reversal candlestic pattern then you should Enter
According to this snap We have also a second sonerio if market breaks this support what should we do
Then we should wait for a retesting area after breakout if market come’s again and retest the support
So, then we take a sell trade and with completly follow money management and our risk to reward ratio
This is a short technical analysis i hope you getting my point and you apply this technique on your chart
Finally this is our last step of gold trading set your take profit and stoploss
Follow the golden rules of expert traders and set your loss short and profit big once you follow these rules
you never wash your account and your capital will be gow gradually
xauusd live chart in MT4 and Mt5 Platforms
in this live video session you will watch the live market of gold if you want to watch Xauusd live chart
Watch our live gold chart and getting live technical analysis
I hope you like and enjoy the technical analysis of gold and xauusd live chart
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