RSI Indicator Method Summary

Summary of RSI indicator:

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

RSI is one of most popular indicators used in xauusd analysis & it used to generate signals using crossover strategy.

RSI indicator plots the divergence & convergence of charts patterns. The RSI is constructed using chart price movements. The RSI indicator is used to determine if:

The prices are closing lower than where they opened - RSI indicator below 50 center line mark or

The prices are closing higher than where they opened - RSI indicator above 50 center line mark

RSI Indicator Strategies