MACD + MFI + EMA Gold Strategy (XAUUSD, H1)
A confluence‑driven H1 approach for XAUUSD.
We wait for MACD impulse, MFI flow and EMA slope to agree. The entry is only on reclaim or structured pullback, never on the first spike.
Tools
- EMA20 & EMA50 — direction via slope and spacing.
- MACD (12,26,9) — impulse/zero‑line bias; histogram expansion is preferred.
- MFI(14) — confirms money flow (>50 for longs, <50 for shorts).
- ATR(14, H1) — stop and position sizing.
Market logic
Gold often over‑extends on news. Waiting for indicator agreement + reclaim filters late chases and improves follow‑through quality.
Setup checklist
- Slope: EMA20 and EMA50 point the same way and are not flat.
- MACD: histogram above zero & rising (long) / below & falling (short).
- MFI: >50 and ticking up for longs (<50 down for shorts).
Trigger
- Long: price reclaims EMA20 after a shallow pullback, while MACD expands above zero and MFI >50.
- Short: mirror below EMAs with MACD < 0 and MFI < 50.
Entry
- On close of the reclaim bar, or limit on a brief dip into the EMA20/structure zone.
Stop Loss
- ATR(14) × 1.2–1.6 or beyond the pullback extreme (wider of the two).
Take Profit / Management
- TP1: scale 1/2 at 1.2R–1.6R.
- TP2: trail remainder behind EMA20 or last swing; reduce into session/weekly levels.
Filters & risk
- Skip flat/entangled EMAs, MACD whipsaw (rapid flips around zero), or MFI 40–60 chop.
- Avoid tier‑1 USD news windows (±60 min).
- Risk ≤ 0.5% per trade; one active position per direction.