How Do You Trade XAUUSD Price with Different Chart Timeframes?

Gold Price Charting on Different Chart Timeframes

XAUUSD traders using technical analysis use xauusd charts to try & attempt to predict the movement of gold trading price on the gold charts.

Traders will sometimes use two or more xauusd chart time-frames so as to determine the long term xauusd trend and short term gold trend.

How to Define A XAUUSD Price Trend

Using a xauusd system that has Three indicators - Moving Average Crossover System, RSI and MACD and using simple rules to define the gold trend. The trading rules are:

Upwards Gold Trend

Both MAs Moving Up

RSI above 50

MACD Above Centerline

Downwards XAUUSD Trend

Both MAs Moving Down

RSI below 50

MACD Below Centerline

The xauusd traders using different chart timeframes will need to testout various xauusd chart time-frames so as to determine the best chart time-frame for them to trade.

Multiple charts timeframes analysis equals using 2 chart time-frames to trade xauusd - a shorter one used for trading & a longer one to check XAUUSD trend.

Since it's always good to follow the trend, in Multiple Time Frame Analysis, the longer time-frame gives us the direction of the long-term trend.

5 Min Gold Chart Time-frame

5 Min Gold Chart Time-frame - How Do I Trade XAUUSD Price with Different Chart Timeframes?

1 Hour Gold Chart Time-frame

1 Hour Gold Chart Time-frame - How Do I Trade XAUUSD Price with Different Chart Timeframes?

4 H Gold Chart Time-frame

4 H Gold Chart Time-frame - How Do I Trade XAUUSD Price with Different Chart Timeframes?

Weekly Gold Chart Time-frame

Weekly Gold Chart Time-frame - How Do I Trade XAUUSD Price with Different Chart Timeframes?