How Do You Trade Swing Gold Trade with Different Chart Timeframes?

How to Interpret Swing Trade with Different XAUUSD Chart Time Frames

Swing Traders

This swing trading group holds onto their trade transactions for few days to a week. With main objective of earning a large amount of pips, 100 to 400 pips.

Swing trader using 1H chart timeframe wants to go short, checks H4 chart time frame, which resembles the trading examples illustrated and described below, since 4 hour displays the market trend is going down, then decides from the trading analysis it's okay to sell.

Gold Swing Trading on Multiple Chart Time Frames - 15 Minute Swing Strategy Method

Gold Swing Trader traders using technical analysis use charts to try & attempt to predict the movement of price on the trading charts.

Gold Swing traders will sometimes use two or more time frames so as to determine the long term trend & short term trend.

Trading Define A Price Trend for Swing Trading

Using a trading system that has 3 indicators - MA Crossover System, RSI Indicator and MACD Indicator & using simple trading rules to define the trend. The trading rules are:

Upwards Trend

Both Moving Averages Moving Up

RSI Indicator above 50

MACD Indicator Above Center Line

Downwards XAUUSD Trend

Both MAs Moving Down

RSI Indicator below 50

MACD Indicator Below Center Line

Multiple charts time frames analysis equals using two time frames to trade Gold - a shorter time frame used for trading and a longer time frame to check the trend - time frames that you select for trading price action with will depend on the type of trader you are: for Swing Traders the chart time frames used for trading will be example of 1 hour chart timeframe & 4 Hour chart timeframe.

Since it's always good to follow the trend when Swing Trading, in Multiple Timeframe Analysis, the longer 4 H time frame gives us the direction of the long term trend when Swing Trading using the 1 H Chart Time Frame.

How Do I Read Swing Gold Trade with Different Time Frames

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