RSI XAUUSD Indicator Strategy Summary

Summary of RSI indicator:

The RSI indicator is one of the most widely & oftenly used xauusd technical indicators available. RSI technical indicator is a momentum oscillator with some xauusd trend following characteristics.

RSI is one of the most popular xauusd indicators used in xauusd technical analysis & it used to generate gold signals using crossover trading strategy.

RSI indicator plots the divergence and convergence of xauusd charts patterns. The RSI is constructed using chart gold trading price movements. The RSI indicator is used to determine if:

The gold trading prices are closing lower than where they opened - RSI indicator below 50 center line mark or

The gold trading prices are closing higher than where they opened - RSI indicator above 50 center line mark

RSI Gold Indicator Trading Strategies