RSI Gold Indicator Strategy Summary

Summary of RSI indicator:

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

RSI is one of the most popular gold indicators used in xauusd trading analysis & it used to generate xauusd signals using crossover trading strategy.

RSI indicator plots the divergence and convergence of gold charts patterns. The RSI is constructed using chart xauusd trading price movements. The RSI indicator is used to determine if:

The xauusd trading prices are closing lower than where they opened - RSI indicator below 50 center line mark or

The xauusd trading prices are closing higher than where they opened - RSI indicator above 50 center line mark

RSI XAUUSD Indicator Trading Strategies