AI GOLD Signals | CoinRush Review: A Telegram Channel With a Catastrophic 24% Win Rate
- Anna Taimes
- 4 hours ago
- 3 min read
In the fast-paced world of Forex trading, it appears that "AI-driven" Gold Signal Telegram channels are on the rise. One such popular channel is AI GOLD Signals | CoinRush, which claims to have a huge audience of nearly 20,000 members. But what really goes on behind the scenes of such popular channels? Let’s take a closer look at what we found out about the AI GOLD Signals | CoinRush Telegram channel.
Channel Overview:
Telegram Channel Link - https://t.me/coinrushAI
Feature | Description |
Channel Name | AI GOLD Signals CoinRush |
Launch Date | 15 October 2024 |
Subscribers | 19,449 (High engagement, approx. 5k views/post) |
Activity | Very Active (Avg. 15 posts/day) |
Main Focus | Gold (XAUUSD) |
Trading Style | Scalping / Day Trading (London & NY Sessions) |
Free Signals | Yes (2-3 per day) |
Paid Service | Private Premium Channel (No subscription bot) |
Winning Rate | 24% (Based on 6-month backtest of free signals) |
The "AI" Mirage and The Reality of the Signals
The Telegram channel claims to be a gateway to high-tech, AI-driven trading signals for Gold. According to the authors of these signals, they have developed highly efficient trading strategies using AI models. Not to mention, they claim to have "unbeatable accuracy," which ensures extreme profitability. As a way to prove the efficiency of these signals, they forward some of these signals to the free members of the group so they can take advantage of these signals too.
However, what we found out was a totally different story. We tested the free signals of the Telegram channel, and here are the results that we obtained.
To understand the lack of profitability of these signals, it’s important to understand the nature of the trading ideas presented by these channels. Here’s what a trading idea usually looks like:
📈 BUY 👉 XAUUSD
🚀 Entry: 5029
🤑 TP1: 5032
🤑 TP2: 5036
🤑 TP3: 5040
🚫 SL: 5003
Analysis of the Risk/Reward Ratio:
So far, this channel has the worst Reward/Risk Ratio among all the gold signal groups we have already reviewed. For a risk of 260 pips, the goal is to make only 30 pips with the TP1 order. This means the trader is risking nearly nine times his/her initial reward.
Catastrophic Win Rate
The numbers do not lie. Only 24% of all the free signals can make it to the third take profit order. This means the overall profitability of the free signals is catastrophic. This is not trading; it is a formula for blowing an account. For every one losing trade, the trader will lose the profits from 5 to 9 winning trades.
Illusion of Profitability
As always, the channel relies on visual proof to trick unsuspecting traders into joining the channel. Screenshots from the MT4 platform are used to prove the profitability of the signals. The screenshots show the account with profits or at least a profitable order. The problem is the screenshots do not show the massive losses incurred when the tight stop-loss orders are triggered.
Conclusion: Is AI GOLD Signals | CoinRush Legit?
Do not trust it; it is a complete lie.
Although AI GOLD Signals | CoinRush is active, it has a huge number of subscribers, and it incorporates the buzzword "AI" into its name to make it more believable, the fact remains that the trading signals it sends are flawed from the very start.
0/10 TRUST SCORE
The main objective of the channel seems to be to gain a following for the promotion of a "premium" channel, and for that, they use deceptive screenshots and the promise of AI technology to give people false hope. However, for those who wish to trade gold seriously, this channel serves as a cautionary tale on what to avoid. We highly recommend traders avoid these services and seek those that emphasize risk management.
