MACD Gold Trading Strategy Summary

Summary:

The MACD indicator is one of the most widely and oftenly used technical indicators available. MACD indicator is a momentum oscillator with some gold trend following characteristics.

MACD indicator is one of the most popular gold indicators used in xauusd trading analysis to generate xauusd signals using crossovers.

MACD indicator plots the divergence & convergence of moving averages & is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend-following gold indicator. It indicates the correlation between 2 moving averages.