RSI Gold Indicator Strategy Summary
Summary of RSI gold indicator:
The RSI gold indicator is one of the most widely and commonly used gold indicators available. RSI gold indicator is a momentum oscillator with some gold trend following characteristics.
RSI is one of the most popular gold indicators used in xauusd trading analysis and it used to generate xauusd signals using crossover trading strategy.
RSI gold indicator plots the divergence and convergence of gold charts patterns. The RSI is constructed using chart xauusd price movements. The RSI gold indicator is used to determine if:
The gold prices are closing lower than where they opened - RSI gold indicator below 50 center line mark or
The gold prices are closing higher than where they opened - RSI gold indicator above 50 center line mark
RSI XAUUSD Indicator Trading Strategies