Understanding What a Chart Is and Interpreting & Gold with a Chart
Understating a Chart Tutorial
A chart is a graph representation that depicts and shows historical price movement using different chart timeframes
A chart allows traders to view the past historical price movement.
A chart can be analyzed by traders using analysis tools such as indicators so as to try and predict the next future price direction.
The three most commonly used charts for analysis are:
- Gold Line Chart
- Gold Bar Chart
- Gold Candle Chart
Gold charts can be drawn on different chart timeframes & these different chart timeframes are:
MT4 Chart Time Frames
M1 for 1 Min Chart
M5 for 5 Min Chart
M15 for 15 Min Chart
M30 for 30 Min Chart
H1 for 1 H Gold Chart
H4 for 4 Hours Chart
D for Daily Gold Chart
W for Weekly Gold Chart
M for Monthly Gold Chart
MT5 Gold Chart Time Frames
M1 for 1 Min Chart
M2 for 2 Min Chart
M3 for 3 Min Chart
MetaTrader for 4 Minutes Chart
M5 for 5 Min Chart
M10 for 10 Min Chart
M12 for 12 Min Chart
M15 for 15 Min Chart
M20 for 20 Min Chart
M30 for 30 Min Chart
H1 for 1 H Gold Chart
H2 for 2 Hours Chart
H3 for 3 Hours Chart
H4 for 4 Hours Chart
H6 for 6 Hours Chart
H8 for 8 Hours Chart
H12 for 12 Hours Chart
D for Daily Gold Chart
W for Weekly Gold Chart
M for Monthly Gold Chart
Gold analysis traders will use different chart timeframes to analyze price movement based on what type of trader they are.
Understanding Charts and Technical Analysis
A chart can be used to predict future price movement.
Gold traders can apply gold analysis on a chart so as to analyze price movement and try to predict the next likely direction of the future price movement.
Gold traders can apply gold analysis on the chart using indicators.
Gold indicators are analysis tools that are used to calculate the momentum of the trend and also to indicate the direction of the price whether up or down.
Gold charts can also be used to analyze trends and tend direction using analysis tools such as trend lines.
Gold Indicators for Analyzing Price Movement
Gold indicators are commonly used to analyze price movement.
Gold trend indicators are used to interpret analyze the trend direction. Gold trend indicators include moving averages and trend lines.
Gold Oscillator indicators oscillate between two points and the oscillator indicators are used to determine momentum of the price movement. Examples of oscillators include MACD, RSI and Stochastic Oscillator indicators.
Understanding What a Chart Is and Interpreting & Gold with a Chart
