Bollinger Band XAUUSD Method Summary

Bollinger Band is a popular analysis indicator which can be used in various ways.

Do not use it alone, like other indicators. Pair it with overbought and oversold tools for best results.

Because Bollinger Bands use price volatility to spot the price trend, traders shouldn't use other technical indicators that do the same thing. Instead, the Bollinger Bands indicator should be used with indicators that measure volume or momentum.