Gold Moving Average Whipsaws in Range Gold Trading Market

Best XAUUSD Trading Strategy for Moving Averages XAUUSD Indicator

The gold trading moving average is a useful gold chart indicator to trade with when a gold trend has formed. However the moving average gold indicator is prone to whipsaws when the xauusd price is trading in range market.

The Moving Average is prone to whipsaws during a ranging gold market because the xauusd price is volatile and keeps moving around the average, causing the gold trading moving average indicator to give gold trading signals indicating upward gold trend and then quickly changing to give sell gold signals.

It is for this reason that the Moving average indicator should not be used to trade gold trading in a range based market.

Ranging Market and Whipsaws - How to Trade XAUUSD in a Range Market

This is why it is best to combine this gold trading moving average indicator with other gold indicators when generating gold trading signals to trade gold with.