Triple Exponential AverageXAUUSD Technical Analysis & TRIX XAUUSD Signals

Developed by Jack Hutson

TRIX is a triple smoothed oscillator that is designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles which are shorter than the selected indicator period used to calculate and draw are ignored.

Triple Exponential Average is an oscillator that oscillates above and below a center line mark. The center line level is used to determine bullish and bearish trends. TRIX will measure the momentum of an up xauusd trend or a down gold trend. Above the center line shows bullish trends & below the center line shows bearish trends

XAUUSD Technical Analysis & Generating Gold Signals

Bullish Buy XAUUSD Signal

A buy signal can be generated using 2 methods:

• The first one is the center line cross over signal where values above the line are bullish.

• The second one is used to generate a signal when the signal line crosses above TRIX line.

Bullish Buy Gold Signal

Bearish Sell XAUUSD Signal

A sell signal can be generated using 2 techniques:

• The first one is the center line cross over signal where values below the line are bearish.

• The second one is used to generate a trading signal when the signal line crosses below TRIX line.

Bearish Sell Gold Signal

Divergence XAUUSD

Divergence can be used to generate xauusd signals. Traders can look for divergence between gold price & the indicator & decide which direction to trade.

Divergence Gold