Gold Indicators That Traders Should Learn
There are different methods used to trade the xauusd market, the most popular method being technical analysis and use of gold indicators to analyze xauusd price movement. When it comes to xauusd analysis - gold indicators are used to come up with various trading methods.
The most popular gold indicators in the xauusd market are:
1.Moving Average Indicator
2.MACD Indicator
3.RSI Indicator
4.Stochastic Oscillator Indicator
5.Bollinger Bands Indicator
XAUUSD Indicators Tutorial
Moving average gold indicator is used to determine gold market trend direction. This Moving Average indicator calculates the moving average of xauusd prices over a specified period of time. This moving average indicator is a gold trend following gold indicator that shows the direction of the market. Once a trader determines the direction of the market they can then know whether to open buy or sell xauusd trades.
Moving averages are placed on the xauusd charts & can be used to generate xauusd signals using the following techniques.
Moving Average XAUUSD Indicator - Gold Indicators
- Gold Price Period of Moving Average
- SMA, Exponential Moving Average, Linear Weighted Moving Average and SMMA
- Moving Average Gold Trend Identification - Gold Indicators
- Moving Average Gold Indicator Whipsaws in Range Gold Trading Market
- Moving Average Crossover Gold Trading Method
- Moving Average Support & Resistance Levels in Gold Trading
- How to Choose a Moving Average To Trade Gold with
- Short Term & Long Term Moving Average Gold Indicator Setups
- 20 Gold Trading Pips Gold Price Range Moving Average Gold Indicator Strategy
RSI
RSI technical indicator is used to figure out the momentum of a xauusd trend. The RSI indicator shows xauusd prices are closing higher than where they open when the RSI indicator is above 50 center mark and this means xauusd traders should open buy xauusd trades. When RSI indicator is below 50 center mark it means xauusd prices are closing lower than where they open & xauusd traders should only open sell xauusd trades.
The RSI technical indicator can also be used to determine overbought & oversold levels. Overbought levels is when the RSI indicator is above 80 mark & oversold levels is when the RSI indicator is below the 20 mark.
RSI can be used to generate gold trading signals based on the following methods:
RSI XAUUSD Indicator - Gold Indicators Guide
- RSI Gold Indicator Overbought & Oversold Levels
- Relative Strength Index Gold Indicator Divergence Gold Trading Setups
- RSI Classic Bullish and RSI Gold Trading Classic Bearish Divergence Strategy
- RSI Hidden Bullish & RSI Gold Trading Hidden Bearish Divergence Strategy
- RSI Gold Indicator Swing Failure Trading Strategy
- RSI Gold Indicator Chart Patterns RSI Gold Indicator Trend Lines in Gold Trading
- RSI XAUUSD Indicator Technical Analysis Summary
Understanding Gold Indicators Bollinger Bands
Bollinger Bands indicator is used to determine the xauusd market trend direction as well as the upper xauusd price band lower xauusd price band that calculate the band within which xauusd trading price should move along within. These upper band lower band can be used to open xauusd trades and also to calculate where to close open xauusd trades.
Bollinger Bands indicator can be used to generate gold trading signals based on the following methods:
Bollinger Bands Gold Technical Indicator Discussed
- How Bollinger Bands Gold Indicator Works
- Bollinger Bands Gold Trading Market Volatility Analysis
- Bollinger Bands Bulge and Bollinger Bands Squeeze Gold Trading Analysis
- Trading Bollinger Bands Gold Price Action in Gold Trends
- Bands Gold Price Action in Range Gold Trading Market
- Bollinger Bands Gold Trend Reversals Technical Indicator Technical Analysis
- Bollinger Bands XAUUSD Indicator Summary
MACD Technical Indicator
MACD indicator is used to determine the momentum of gold market trends, MACD indicator levels above 50 center mark means that xauusd price is bullish while MACD indicator below 50 center mark means that xauusd price is bearish.
MACD indicator can be used to generate gold trading signals based on the following methods:
MACD XAUUSD Indicator - Understanding XAUUSD Indicator MACD
- MACD Fast Line and Signal Line Gold Trading Analysis
- MACD Buy Gold Trading Signal & MACD Sell Gold Trading Signal Indicator Technical Analysis
- MACD Gold Indicator Whipsaws and Fake Out Trading Signals
- Generating MACD Center Line Crossover Trading Signals
- MACD Gold Classic Bullish Divergence and MACD Gold Trading Classic Bearish Divergence Gold Trading Setups
- MACD Gold Hidden Bullish Divergence & MACD Hidden Bearish Divergence Gold Trading Strategies
- MACD XAUUSD Indicator Summary
Gold Indicator
Stochastic Oscillator indicator is commonly used to determine overbought and oversold levels. These overbought and oversold indicators levels are used by traders to determine where to open xauusd trades and also when to close xauusd trades.
Stochastic Oscillator indicator can be used to generate gold trading signals based on the following methods:
ยทStochastic Oscillator - Gold Indicators Guide
- 3 Types of Gold Stochastic Oscillators Indicators
- How Stochastic Oscillator Works in Gold Trading
- Trading Oscillator Over-bought & Oversold Levels in Gold
- Analysis of Stochastic Oscillator Indicator
- Stochastic Indicator Gold Crossover Trading Signals
- Stochastic Oscillator Divergence Trading Signals
- Stochastic XAUUSD Indicator System
The above gold indicators are the most commonly used technical indicators in the xauusd market that xauusd traders should learn. The knowledge of these gold chart indicators will help xauusd traders to come up with effective gold trading techniques and gold trading strategies for trading gold.
Traders can also combine these indicators so as to come up with the Best Combination of Indicators for Gold Trading and best gold indicators for creating a xauusd trading system. For example Stochastic Gold System - Best Combination of Technical Analysis Indicators for Gold Trading System Example shows gold traders an example of how to come up with a trading system. The trader will then come up with written trading rules of how to generate buy & sell signals using this gold indicator based trading system. A trader will also have trading rules that will determine when they should close trades, where they will be setting take profit levels and where they will set stop loss levels.