How to Trade a XAUUSD Price Trend
Traders can identify a xauusd trend using a xauusd system that has 3 xauusd indicators - Moving Average Crossover System, RSI & MACD and using simple rules to define the gold trend. The xauusd rules are:
Upward Gold Trend
Both MAs Moving Up
RSI above 50
MACD Above Center line
Downward XAUUSD Trend
Both MAs Moving Down
RSI below 50
MACD Below Center line
Traders can then write-down the rules of the xauusd system and use this xauusd rules to define a xauusd trend which they will then trade.
Example of XAUUSD Rules to Define a XAUUSD Trend - How to Define A XAUUSD Price Trend
Example of a XAUUSD Price XAUUSD Trend on a XAUUSD Price Chart
Example of a XAUUSD Price XAUUSD Trend on a XAUUSD Price Chart - How to Trade a XAUUSD Price Trend