Trading Short-Term & Long-Term XAUUSD Price Period of Moving Average
A trader can choose to adjust the gold price periods used to calculate the moving average.
If a trader uses short gold price periods then the Moving Average will react faster to the changes in gold price.
For example if a trader uses the 7 day xauusd moving average then, the moving average indicator will react to the gold price change much faster than a 14 day or 21 day xauusd Moving Average would. However, using short time gold price periods to calculate the Moving Average might result in the indicator giving false xauusd signals (whipsaws).
7 Day Moving Average - Moving Average XAUUSD Strategies
If another trader uses longer trading chart time periods then Moving Average will react to gold price changes much slower.
For example, if a trader uses the 14 day Moving Average indicator then the average will be less prone to whipsaws but it will react much slower.
14 Day Moving Average - Moving Average XAUUSD Strategy Example
21 Day Moving Average - Moving Average XAUUSD Strategies Example