T3 Moving Average XAUUSD Technical Analysis and T3 Moving Average XAUUSD Signals
T3 uses a Smoothing factor/technique to produce trading signals that are similar to those of the moving averages, but are more accurate than those of the MA. The T3 is a modification of method used to calculate the original MA and it has a smoother curve and it does not lag the xauusd market as much as the MA. This Indicator follows gold price action and adjusts itself to the direction of the gold market.
XAUUSD Technical Analysis and Generating XAUUSD Signals
The T3 moving average is similar to the original MA, and it can be traded in the same way as the original MA indicator.
Moving Average Crossover Signal
This Method involves using two T3 MA and generating trading signals when the two cross each either upwards generating an upward xauusd trend signal or cross downwards generating a downward xauusd trend Signal.
Bullish XAUUSD Trend - XAUUSD Prices are bullish as long as gold price action remains above the indicator. When this move happens it implies that xauusd prices are bound to continue moving upwards.
Bearish Trend - XAUUSD Prices are bearish as long as gold price action remains below the T3 Average. When the gold price is below the indicator it implies that gold price is bound to continue moving downwards.
Whipsaws - This is a smoothed indicator which is not prone to giving out whipsaws, since it is smoothed it is less responsive to gold price spikes, therefore a xauusd price spike will not skew the data used to calculate and draw it.