How Do I Trade Gold Price with Different Chart Time Frames?

Gold Price Charting on Different Chart Time Frames

Gold traders using technical analysis use gold charts to try and attempt to predict the movement of xauusd trading price on the xauusd charts.

Traders will sometimes use two or more xauusd chart time frames so as to determine the long term gold trend & short term xauusd trend.

How to Define A Gold Price Trend

Using a xauusd trading system that has Three indicators - Moving Average Crossover System, RSI & MACD & using simple rules to define the xauusd trend. The trading rules are:

Upwards Gold Trend

Both MAs Moving Up

RSI above 50

MACD Above Centerline

Downwards XAUUSD Trend

Both MAs Moving Down

RSI below 50

MACD Below Centerline

The gold traders using different chart time frames will need to testout various xauusd chart timeframes so as to determine the best chart timeframe for them to trade.

Multiple charts time frames analysis equals using 2 chart time-frames to trade xauusd trading - a shorter one used for trading & a longer one to check Gold trend.

Since it's always good to follow the trend, in Multiple Time Frame Analysis, the longer timeframe gives us the direction of the long term trend.

5 Min Gold Chart Timeframe

5 Min Gold Chart Time Frame - How Do You Trade Gold Price with Different Chart Timeframes?

1 Hour Gold Chart Timeframe

1 Hour Gold Chart Time Frame - How Do You Trade Gold Price with Different Chart Timeframes?

4 H Gold Chart Timeframe

4 H Gold Chart Time Frame - How Do You Trade Gold Price with Different Chart Timeframes?

Weekly Gold Chart Timeframe

Weekly Gold Chart Time Frame - How Do You Trade Gold Price with Different Chart Timeframes?