XAUUSD Bullish Continuation Strategy by JaxonJackFX
By JaxonJackFX
Performance Metrics
- Author: JaxonJackFX
- Symbol: OANDA:XAUUSD
- Timeframe: 15 minutes
- Net P&L: +0.22 USD (+0.00%)
- Win Rate: 100.0%
- Max Drawdown: 0.11 USD (0.00%)
- Total Trades: 1
Description
This strategy is designed for trading Gold (XAUUSD) on the M15 timeframe using a bullish continuation and breakout structure.It identifies strong uptrend conditions using EMA trend confirmation and enters buy positions on either a breakout above resistance or a retest of the breakout zone. The strategy follows a disciplined risk-management model with a fixed stop loss and multiple take-profit targets for partial profit scaling.Core Features:• Trend confirmation using EMA 20 & EMA 50• Breakout and retest buy entries• Strong momentum continuation logic• Fixed stop-loss protection• Multi take-profit scaling (TP1, TP2, TP3)• Backtest-ready TradingView strategyBest Market Conditions:Works best during strong bullish sessions (London & New York) when gold shows high volatility and directional momentum.Recommended Timeframe:M15 (can be optimized for M5–M30)