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MACD XAUUSD Strategy Summary

Summary:

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

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

MACD plots the divergence and convergence of moving averages & is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend following indicator. It reflects the correlation between 2 moving averages.

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