Divergence Gold Indicators
The best divergence technical indicator is the RSI indicator, traders can use this technical indicator to check divergence when trading gold.
The 2 types of divergence -bullish & bearish divergence are described below.
RSI Hidden Bullish & Bearish Divergence Gold Trading Setups
Hidden divergence is used as a possible sign for a gold trend continuation. Hidden divergence occurs when price retraces to retest a previous high or low.
Hidden RSI Bullish Gold Trading Divergence Setup
Forms when price is forming a higher low (HL), but the oscillator is showing a lower low (LL).
Hidden bullish divergence in gold trading occurs when there is a retracement in an upward xauusd trend.
Gold Trading Hidden Bullish Divergence - best divergence indicator
This setup confirms that a retracement move is complete. This divergence indicates underlying strength of an upward xauusd trend.
Hidden RSI Bearish XAUUSD Trading Divergence Setup
Forms when price is forming a lower high (LH), but the RSI is showing a higher high (HH).
Hidden bearish divergence in gold trading occurs when there is a retracement in a downwards trend.
Gold Hidden Bearish Divergence - best divergence indicator
This xauusd trading divergence setup confirms that a retracement move is complete. This xauusd trading divergence indicates underlying strength of a downward xauusd trend.