Vezpa's Gold Strategy

A simple Moving average strategy

Utilizing the 100,50 and 21 moving averages.

Shown the 5 min timeframe is very effective.

As with all moving average strategies the trend is your friend.

Always try to enter when the moving averages show a clear direction.

See the red and green highlighted areas Green is ideal and red, rather wait for trend.

IF you can confirm the trend on the 30 min

then move down to the 5 min and wait for entries in the same trend.

SL below the last meaningful low and aim for 1:2 RR