Bollinger Bands XAUUSD Price Action in Trending XAUUSD Markets

Bollinger Bands indicator is used to identify & analyze trending xauusd markets. In a trending xauusd market this xauusd technical indicator clearly shows up or down direction.

Bollinger Bands indicator can be used to determine the direction of the XAUUSD trend. In an upward xauusd trend Bollinger Bands indicator will clearly show the direction of the trend, it will be heading upwards and gold price will be above middle Bollinger.

In a downward xauusd trend the gold price will be below the middle band the bands will be heading downwards.

By observing the Bollinger bands xauusd indicator patterns formed by Bollinger bands a trader can determine the direction in which the xauusd market is likely to move.

Bollinger Bands XAUUSD Indicator Patterns and Continuation XAUUSD Signals

Gold Upward Trend

• During an upswing, the xauusd candlesticks will stay within the upper Bollinger band the central moving average.
• XAUUSD Prices that close above the upper band are a sign of bullish continuation gold trading signal.
• XAUUSD Prices can hug/ride the upper band during an upwards xauusd trend

Upward XAUUSD Trend Strategy Using Bollinger Band XAUUSD Strategy

XAUUSD Downward Trend

• During a down swing, the xauusd candles will stay within the moving average & the lower band.
• XAUUSD Prices that close below the lower band are a sign of bearish continuation gold trading signal.
• XAUUSD Prices can hug/ride the lower band during an downward xauusd trend

Downward XAUUSD Trend Strategy Using Bollinger Band XAUUSD Strategy