Triple Exponential AverageXAUUSD Technical Analysis and TRIX XAUUSD Signals

Developed by Jack Hutson

TRIX is a triple smoothed oscillator that is designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles that are shorter than the selected indicator period used to calculate and draw are ignored.

Triple Exponential Average is an oscillator that oscillates above and below a center line mark. The center line level is used to determine bullish and bearish trends. TRIX will measure the momentum of an up xauusd trend or a down gold trend. Above the center line shows bullish trends and below center line shows bearish trends

XAUUSD Technical Analysis and Generating XAUUSD Signals

Bullish Buy XAUUSD Signal

A buy xauusd signal can be generated using two methods:

• The first one is the center line crossover signal where values above the line are bullish.

• The second one is used to generate a trading signal when the signal line crosses above the TRIX line.

Bullish Buy XAUUSD Signal

Bearish Sell XAUUSD Signal

A sell xauusd signal can be generated using two methods:

• The first one is the center line crossover signal where values below the line are bearish.

• The second one is used to generate a trading signal when the signal line crosses below the TRIX line.

Bearish Sell XAUUSD Signal

Divergence XAUUSD

Divergence can be used to generate xauusd signals. XAUUSD traders can look for divergence between gold price and the indicator and decide which direction to trade.

Divergence XAUUSD