TRIX Gold Trading Analysis and TRIX Gold Trading Signals

Developed by Jack Hutson

TRIX is a triple smoothed oscillator that is designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles that are shorter than the selected indicator period used to calculate and draw are ignored.

TRIX is an oscillator that oscillates above and below a center line mark. The center line level is used to determine bullish and bearish trends. TRIX will measure the momentum of an up gold trend or a down xauusd trend. Above the center line shows bullish trends and below center line shows bearish trends

XAUUSD Trading Analysis and Generating XAUUSD Trading Signals

Bullish Buy Gold Trading Signal

A buy gold signal can be generated using two methods:

• The first one is the center line crossover signal where values above the line are bullish.

• The second one is used to generate a trading signal when the signal line crosses above the TRIX line.

Bullish Buy Gold Trading Signal

Bearish Sell XAUUSD Trading Signal

A sell gold signal can be generated using two methods:

• The first one is the center line crossover signal where values below the line are bearish.

• The second one is used to generate a trading signal when the signal line crosses below the TRIX line.

Bearish Sell Gold Trading Signal

Divergence Gold Trading

Divergence can be used to generate xauusd trading signals. Traders can look for divergence between xauusd price and the indicator and decide which direction to trade.

Divergence Gold Trading