Bollinger Bands XAUUSD Strategy Summary
Bollinger Bands xauusd indicator is a popular technical analysis indicator that can be used in various ways.
However, like most xauusd indicators it should not be used alone. Bollinger bands xauusd indicator work best combined with overbought and oversold xauusd indicators and oscillators.
Since Bollinger Bands uses gold price volatility to determine the xauusd market trend, gold traders should not use technical indicators that duplicate this information. Instead the Bollinger bands gold technical indicator should combined with xauusd technical indicators that measure volume or momentum.