Best Technical Analysis Strategies for Trading Gold

If you want to trade Gold, but you don't know what strategy to trade, I prepared for you the list of 4 simple and profitable gold trading strategies.

Please, note that my list includes the indicator, swing, price action and smart money strategies, so you will certainly find the one that suites you.

Also, all the strategies will be strictly structure based.

It means that no matter which strategy you choose, you should start your analysis with identification of key levels on a daily time frame.


Example of structure analysis on Gold.

1. Breakout trading on a daily time frame

With that approach, we will be aiming to catch swing moves.

Your bearish confirmation will be a bearish breakout - a daily candle close below a key support. A bearish continuation will be anticipated to the next closest daily support then.

Your bullish signal will be a bullish breakout of a key daily resistance.
Then you can buy aggressively or on a retest, expecting a bullish continuation to the next strong resistance.

In the example above, bearish breakout of a key daily support was a strong bearish signal that triggered a massive selloff.

This strategy is based only on a daily time frame analysis,
the next 3 strategies will be more sophisticated and involve multiple time frames analysis.

2. Price action confirmation strategy

With that approach, you should patiently wait for a test of one of the key structures that you spotted on a daily.

After that, you should monitor the reaction of the price to that on 4h/1h time frames.

Your signal to buy will be a formation of a bullish reversal price action pattern on a key support, while your bearish confirmation will be a bearish pattern on a key resistance.

Once you spotted a confirmation, you can anticipate a bullish/bearish movement, at least to the closest 4h structure.


In the example above, Gold tested a key daily support. The price formed a double bottom formation on that. Its neckline breakout was a strong bullish signal.

A bullish movement initiated to the closest 4H resistance then.

3. Moving average confirmation strategy

For that method, you will need 2 moving averages: simple MA with 9 length and exponential MA with 20 length.

Once the market tests a key support, you should look for a crossover.

A simple MA should be above the exponential MA.
It will be your bullish signal.

After a test of a key resistance, look for an opposite crossover.
A simple MA should be below the exponential MA.

It will give you a strong signal to sell.


Here is how the MA crossover would help you to predict a bullish movement on Gold on an hourly time frame.

4. Smart money confirmation strategy

With that approach, you should look for a break of key daily structure on 4h/1h time frames.

After a violation of a key support, you should look for a bullish imbalance so that the price should return above the broken structure. That will be your signal to buy.

After a violation of a key resistance, look for a bearish imbalance. The price should come back below a broken structure. It will be your signal to sell.


After a test and a violation of a key daily resistance, Gold formed a bearish imbalance on a 4H time frame. It was a strong bearish signal.

All these strategies are very efficient. However, they will work after you learn to correctly identify key structures.

Let me know in a comment section which strategy do you prefer.

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