RSI XAUUSD Classic Bullish Divergence and XAUUSD Classic Bearish Divergence XAUUSD Setups

XAUUSD Trading classic divergence is used as a possible sign for a xauusd trend reversal. Classic xauusd divergence setup is used when looking for an area where gold price could reverse and start going in the opposite direction. For this reason xauusd trading classic divergence is used as a low risk entry method and also as an accurate way of exit out of a xauusd trade.

• Classic xauusd divergence is a low risk method to sell near the top or buy near the bottom of a xauusd market trend, this makes the risk on your gold trades are very small relative to the potential reward.

• Classic xauusd divergence is used to predict the optimum point at which to exit a xauusd trade

There are two types of RSI Classic xauusd divergence trading setups:

1. XAUUSD Classic Bullish Divergence Setup
2. XAUUSD Classic Bearish Divergence Setup

Classic XAUUSD Trading Bullish Divergence

Classic xauusd bullish divergence occurs when gold price is making lower lows (LL), but the oscillator is making higher lows (HL).

Classic XAUUSD Trading Bullish Divergence - RSI XAUUSD Strategies

Classic bullish xauusd divergence warns of a possible change in the xauusd market xauusd trend from down to up. This is because even though the gold price went lower the volume of sellers that pushed the gold price lower was less as illustrated by the RSI xauusd indicator. This indicates underlying weakness of the downward gold trend.

Classic XAUUSD Trading bearish divergence

Classic xauusd bearish divergence occurs when gold price is making a higher high (HH), but the oscillator is lower high (LH).

XAUUSD Classic Bearish Divergence XAUUSD with RSI XAUUSD Indicator XAUUSD Strategies

Classic xauusd 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 illustrated by the RSI xauusd indicator. This indicates underlying weakness of the upward gold trend.