CCI Divergence Technical Indicator
CCI technical indicator is one of the oftenly used divergence trading indicator. This xauusd indicator is an oscillator similar to the RSI and it can be used to trade divergence setups just the same way as the RSI indicator.
CCI Gold Technical Analysis & CCI XAUUSD Signals
The Commodity Channel Index measures the variation of a commodity gold price from its statistical mean(statistical average).
CCI technical indicator is an oscillator which oscillates between high levels & low levels
When the CCI is high it shows that gold price is unusually high when compared to its average.
When the CCI is low it shows that gold price is unusually low compared to its average.
CCI Divergence Technical Indicator
CCI Divergence Technical Indicator
CCI Divergence Technical Indicator
Classic CCI Bullish Gold Trading Divergence
CCI classic bullish divergence occurs when price is forming lower lows (LL), but the CCI indicator is forming higher lows (HL).
XAUUSD Classic Bullish Divergence - CCI Divergence Technical Indicator
CCI classic bullish divergence warns of a possible change in the xauusd trend from down to up. This is because even though the gold price went lower the volume of sellers who pushed the gold price lower was less as illustrated by the CCI technical indicator. This indicates underlying weakness of the downwards trading trend.
Hidden CCI Bullish XAUUSD Trading Divergence
Forms when price is forming a higher low (HL), but the CCI indicator is showing a lower low (LL).
CCI hidden bullish divergence occurs when there is a retracement in an upwards gold trend.
Gold Hidden Bullish Divergence
This set-up confirms that a retracement move is complete. This CCI divergence setup indicates underlying strength of an upward gold trend.
CCI Divergence Technical Indicator
Hidden CCI Bearish XAUUSD Trading Divergence
Occurs when price is forming lower high (LH), but the oscillator technical indicator is showing higher high (HH).
Hidden bearish divergence forms when there's a retracement in a downward trend.
XAUUSD Hidden Bearish Divergence - CCI Divergence Technical Indicator
This set-up confirms that a retracement move is complete. This divergence indicates underlying strength of a downwards gold trend.
CCI Classic bearish Gold Trading Divergence
CCI classic bearish divergence occurs when price is forming a higher high (HH), but the CCI indicator is making a lower high (LH).
XAUUSD Classic Bearish Divergence - CCI Divergence Technical Indicator
CCI Classic bearish divergence warns of a possible change in the xauusd trend from up to down. This is because even though the gold price went higher the volume of buyers that pushed the gold price higher was less as shown and illustrated by the CCI technical indicator. This indicates underlying weakness of the upward trading trend.
