Understanding What a Chart Is and Interpreting & Gold with a Chart

Understating a Chart Course

A chart is a graph representation that depicts and shows historical price movement using different chart time-frames

A chart allows traders to view the past historical price movements.

A chart can be analyzed/interpreted by traders using analysis tools like indicators so as to try and predict the next future price direction.

The 3 most frequent used charts for analysis are:

Gold Line Chart
Gold Bar Chart
Gold Candle Chart

Gold charts can be drawn on different chart time-frames & these different chart time-frames are:

MetaTrader 4 Time-frames

M1 for 1 Min Chart

M5 for 5 Min Chart

M15 for 15 Min Chart

M30 for 30 Min Chart

H1 for 1H Gold Chart

H4 for the 4 Hour Chart

D for Daily XAU USD 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 1H XAUUSD Chart

H2 for two Hours Chart

H3 for three Hours Chart

H4 for the 4 Hour Chart

H6 for the 6 Hours Chart

H8 for the 8 Hours Chart

H12 for 12 Hours Chart

D for Daily Gold Chart

W for Weekly XAU USD Chart

M for Monthly Gold Chart

Gold analysis traders will use different chart time-frames to analyze price movement based on what type of trader they are.

Understanding Charts & 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 energy 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 & trend-lines.

Gold Oscillator indicators oscillate between two points & the oscillator indicators are used to determine momentum of the price movement. Example Illustrations of oscillators include MACD, RSI & Stochastic Oscillators.

Understanding What a Chart Is and Interpreting & Gold with a Chart

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