Chandes Trendscore XAUUSD Analysis & Chandes Trendscore Gold Signals

Developed by Tushar Chandes

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 & -10 with Zero being the mid point.

Chandes Trendscore

XAUUSD Analysis and How to Generate Trading Signals

Buy XAUUSD Signal

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

A value of +10 shows a strong trending upwards market

Buy Gold Signal

Sell XAUUSD Signal

A value of below Zero shows a downward xauusd trend of varying strength

A value of -10 shows a strong trending downwards market

Sell Gold Signal