Trade Forex Trading

Learn Gold Trading

DeMarks XAUUSD Technical Analysis and Range Expansion Index XAUUSD Signals

Developed by Tom DeMark.

DeMark used the Range Expansion Index to trade options, in his trading strategy. This xauusd indicator is an oscillator.

DeMarks Range Expansion Index Technical XAUUSD Indicator

DeMarks Range Expansion Index

This Oscillator is used as a market-timing oscillator which attempts to overcome problems with exponentially calculated oscillators, which are calculated arithmetically and these indicators tend to lag the gold market.

XAUUSD Technical Analysis and Generating XAUUSD Signals

This Oscillator typically oscillates between values of -100 to +100.

Overbought Levels -Readings of +45 or higher indicates overbought conditions.

Oversold Levels -Readings of -45 or lower indicates oversold conditions.

Overbought Levels on XAUUSD Trading Charts and Oversold Levels on XAUUSD Trading Charts

Overbought and Oversold Levels

Exit Signals - DeMark advises against trading in extreme overbought conditions indicated by six bars above +45, exit for buy xauusd signals is generated six bars after gold price hits +45.

Exit Signals - extreme oversold conditions indicated by six or more bars below the -45 thresholds will generate exit signal for short trades.