Bollinger Bands Gold Trading Strategy Summary

Bollinger Bands gold indicator is a popular technical analysis indicator that can be used in various ways.

However, like most gold indicators it should not be used alone. Bollinger bands gold indicator work best combined with overbought and oversold gold indicators and oscillators.

Since Bollinger Bands uses xauusd price volatility to determine the xauusd market trend, xauusd traders should not use technical indicators that duplicate this information. Instead the Bollinger bands gold indicator should combined with gold indicators that measure volume or momentum.