Chande Q-Stick Gold Trading Analysis and Chandes Q-Stick Trading Signals
Developed by Tushar Chande
Chande Q-Stick is used to identify Gold price trends.
This gold indicator is a moving average of the difference between the opening xauusd price and closing xauusd price.
This is an oscillator indicator, that oscillates above and below zero which is the middle point.
Chande Q-Stick
XAUUSD Analysis and Generating Trading Signals
Buy Gold Signal
A buy signal is generated when the oscillator moves above the Zero line. As long as the indicator stays above the zero line xauusd price will remain bullish, and the gold trend will be upwards.
Buy Trading Signal
Sell Gold Signal
A sell signal is generated when the oscillator moves below the Zero line. As long as the indicator stays below the zero line xauusd price will remain bearish, and the gold trend will be downwards
Sell Trading Signal