RSI Gold Trading Classic Bullish Divergence and Gold Trading Classic Bearish Divergence Gold Trading Setups

Gold classic divergence is used as a possible sign for a gold trend reversal. Classic xauusd trading divergence setup is used when looking for an area where xauusd price could reverse and start going in the opposite direction. For this reason gold classic divergence is used as a low risk entry method and also as an accurate way of exit out of a gold trade.

• Classic xauusd trading divergence is a low risk method to sell near the top or buy near the bottom of a gold market trend, this makes the risk on your xauusd trades are very small relative to the potential reward.

• Classic xauusd trading divergence is used to predict the optimum point at which to exit a gold trade

There are two different types of RSI Classic xauusd divergence trading setups:

1. Gold Trading Classic Bullish Divergence Setup
2. Gold Trading Classic Bearish Divergence Setup

Classic XAUUSD Bullish Divergence

Classic gold trading bullish divergence occurs when xauusd price is making lower lows (LL), but the oscillator is making higher lows (HL).

Classic XAUUSD Bullish Divergence - RSI Gold Trading Strategies

Classic bullish xauusd trading divergence warns of a possible change in the xauusd market trend from down to up. This is because even though the xauusd price went lower the volume of sellers that pushed the xauusd price lower was less as illustrated by the RSI gold indicator. This indicates underlying weakness of the downward xauusd trend.

Classic XAUUSD bearish divergence

Classic gold trading bearish divergence occurs when xauusd price is making a higher high (HH), but the oscillator is lower high (LH).

Gold Trading Classic Bearish Divergence Gold Trading with RSI Gold Indicator Strategies

Classic gold trading bearish divergence warns of a possible change in the gold trend from up to down. This is because even though the xauusd price went higher the volume of buyers that pushed the xauusd price higher was less as illustrated by the RSI gold indicator. This indicates underlying weakness of the upward xauusd trend.