Why SCAM Telegram Gold Signals Channels Use ENTRY ZONES? XAUUSD Trading Results Manipulation Exposed

SCAM Gold XAUUSD signals channels on telegram use entry zones for a reason.

They use that to:

• fake their trading results,

• tweak the numbers,

• appear profitable when in fact they are not.

In this article, I will show you how this dirty scheme works and how to expose the scammers.

Read until the end and learn how to find a trusted Gold XAUUSD signals provider.

Important Rule

As always, first, I must admit that legit signal providers can use entry zones in their Gold trades too. But before trusting them, here is what you need to check.

Remember a simple rule, the wider is the entry zone in pips, the higher is the chance that a signal provider will abuse that to manipulate trading results.

Let me show you how they do that.

How Scam Gold Signal Channels Operate

Let's take some popular free gold signals channel on Telegram.

Here is an example of a free signal that they provide:

Jump on Gold @3980-3975

SL: 3977

TP1: 3982

TP2: 3985

We see a free signal to buy Gold.

The signal has

• stop loss,

• 2 take profits,

• entry zone.

  
  

You can see that this entry zone is quite broad and based on 50 pips price range.

Important Red Flag

The first red flag that you can easily spot, exposing scammers, is the absence of exact entry rules. 

Scam channels will intentionally conceal their entry rules to manipulate trading results and statistics.

In that particular case, the rule is:

Ease into it - layer by layer, with solid money management.

What does it mean?

No one knows.

From a screenshot that is provided, we can easily notice that the majority of the orders are lying on the upper boundary of the entry zone.

We see an update that 30 pips of profits are made.

In this case, there are no manipulations and the price truly bounced by 30 pips.

But let me show you another free signal, where these guys started to manipulate the numbers.

Exposing Scammers

Another free Gold XAUUSD signal. This time we sell Gold.

Unload Gold @3992-3998 

SL: 4000 

TP1: 3990 

TP2: 3988

and a vague advice:

Take it easy, fellas - layer your entries and remember to manage that money wisely.

Do Backtesting

Let's plot this trading signal on a price chart.

Here is where Gold price was when the signal was sent.

On one minute 1m time frame, we can see how large is our entry zone.

In 7 minutes, an update is provided.

FREE TRADE SETUP - IMMEDIATE 35pips GAIN✅

On a screenshot, we can see how orders are distributed.

The majority are lying on the lower boundary of the entry zone, or even below that.

Let's see how many pips were really made.

35 pips of profit could be achieved only selling from the highest high of this price movement.

While on a screenshot, we see no orders being place from that level.

At the same time, a gain from the lowest entries is just 11 pips.

In half an hour, another update is shared:

+83 pips.

Let's check the chart.

You can see that the price went through the entire entry zone and even rallied above that.

When the update was provided, the price dropped just 13 pips below the low of the entry zone, still not being able to reach even the first target.

To achieve such an 83 pips gain, you should have opened the trade above the entry zone, from the highest high of that movement.

So this result is completely FAKE.

Why Entry Zones are BAD?

This channel uses price fluctuations within the entry zone to manipulate the results.

That is why, the wider it is, the easier it is for scammers to tweak the results.

60 pips range of the entry zone let's them place the entries in an arbitrary way to brag big wins then.

While their trade did not manage to reach even the first take profit, they lie, saying that 83 pips were made.

Protect Yourself

If you joined a gold signals group that uses entry zones, spend some time back testing their signals.

False profits claims will help you to easily expose the scammers.

To find a trusted gold signals provider, I suggest trying the ones who use one entry level, not the zones.

Such signals are harder to manipulate and are way easier to follow and backtest.

Entry zones in gold XAUUSD signals are always a red flag.

Don't let the scammers deceive you and do your own testing, before buying any vip services from such traders.