Moving Average Gold Technical Analysis & Moving Average XAUUSD Signals
An technical indicator which calculates the average value of gold prices (or any specified data series) over a pre determined period of time.
Only significant difference between the various types of MAs is weight assigned to most recent data. Simple moving averages apply equal weight to the gold prices. Exponential and weighted averages apply more weight to recent gold prices.
Interpretation
The most popular technique of analyzing the Moving Average is to compare the relationship between the Moving Average of the gold price with the gold price itself. A buy signal is generated when the price rises above its Moving Average & a sell signal is generated when the price drops below its Moving Average.
MA Technical Indicator
Buy and Sell XAUUSD Trading Signals generated by Moving Average crossing above or below the gold price action.
Moving Average Crossover XAUUSD Strategy
Also popular are various types of moving average cross over systems. Such systems often include two or more moving averages crossing above/below each other & perhaps even utilizing other technical indicators as additional entry and exit confirmation signals. Combinations of conditions for these types of systems are almost limitless.
Moving Average Crossover System