RSI Indicator Method Summary

Summary of RSI indicator:

The RSI indicator is one of the most widely and oftenly used technical indicators available. RSI indicator is a momentum oscillator with some gold trend following characteristics.

RSI is one of the most popular gold indicators used in trading analysis & it used to generate signals using crossover strategy.

RSI indicator plots the divergence and convergence of charts patterns. The RSI is constructed using chart trading price movements. The RSI indicator is used to determine if:

The trading prices are closing lower than where they opened - RSI indicator below 50 center line mark or

The trading prices are closing higher than where they opened - RSI indicator above 50 center line mark

RSI Indicator Trading Strategies