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CCI XAUUSD Technical Analysis and CCI XAUUSD Signals

Developed by Donald Lambert


The CCI measures the variation of a commodity gold price from its statistical mean/statistical average.


This indicator is an oscillator which oscillates between high levels and low levels


When the CCI is high it shows that gold price is unusually high compared to the its average.


When the CCI is low it shows that gold price is unusually low compared to the its average.


CCI indicator



XAUUSD Technical Analysis and Generating XAUUSD Signals


Overbought/ Oversold Levels

The CCI typically oscillates between ±100.


Indicator values above +100 indicate an overbought conditions and an impending market correction.


Indicator values below -100 indicate an oversold conditions and an impending market correction



Buy XAUUSD Signal

If the CCI is oversold, levels below -100, then there is a pending market correction.


The oversold levels will remain intact until CCI starts to move above -100.


When gold price starts moving above -100 then that is interpreted as a buy.


The Commodity Channel buy xauusd signal should be combined with a xauusd trend line break signal to confirm the buy.

Buy Trade


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Sell XAUUSD Signal

If the CCI is overbought, levels above +100, then there is a pending market correction.


The overbought levels will remain intact until CCI starts to move below +100.


When gold price starts moving below +100 then that is a interpreted as sell.


This Commodity Channel sell xauusd signal should be combined with a xauusd trend line break signal to confirm the sell.

Sell XAUUSD Signal

Sell Trade



Divergence XAUUSD


Bullish Divergence

Bullish divergence occurs when gold price is making new lows while the CCI is failing to surpass its previous low.

This is a bullish signal because the divergence will be followed by an upward market correction.

Bullish Divergence XAUUSD Technical Analysis



Bearish Divergence

Bearish Divergence occurs when gold price is making new highs while the CCI is failing to surpass its previous high.

This is a bearish signal because the divergence will be followed by a downward market correction.

Bearish Divergence Signal

Technical Analysis

 

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