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Chande Trendscore Gold Trading Analysis and Chandes Trendscore Gold Trading Signals

Developed by Tushar Chande

This indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market gold trend by comparing the current close xauusd price to previous closing gold prices over the last 20 periods.


Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the midpoint.

Chande Trendscore XAUUSD Trading Indicator

Chandes Trendscore


XAUUSD Trading Analysis and Generating XAUUSD Trading Signals


Buy XAUUSD Signal

A value of above Zero indicate an upward gold trend of varying strength


A value of +10 indicates a strong trending upward market

Buy XAUUSD Trading Signal

Buy Gold Trading Signal



Sell XAUUSD Signal

A value of below Zero indicates a downward gold trend of varying strength


A value of -10 indicates a strong trending downward market

Sell XAUUSD Trading Signal

Sell Gold Trading Signal

 

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