MACD XAUUSD Strategy Summary

Summary:

The MACD indicator is one of the most widely & oftenly used indicators available. MACD is a momentum oscillator with some trend following characteristics.

MACD indicator is one of the most popular indicators used in analysis to generate signals using crossovers.

MACD indicator plots the divergence and convergence of moving averages & is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend-following indicator. It indicates the correlation between two moving averages.