Chandes Trendscore XAUUSD Technical Analysis and Chandes Trendscore Gold Signals

Developed by Tushar Chande

This xauusd indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market xauusd trend by comparing the current close gold trading price to previous closing gold prices over the last 20 price periods.

Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the mid point.

Chande's Trendscore

XAUUSD Technical Analysis & How to Generate Trading Signals

Buy XAUUSD Signal

A value of above Zero indicate an upward xauusd trend of varying strength

A value of +10 indicates a strong trending upward market

Buy Gold Signal

Sell XAUUSD Signal

A value of below Zero indicates a downwards xauusd trend of varying strength

A value of -10 indicates a strong trending downwards market

Sell Gold Signal