XAUUSD Trading MACD Divergence Definition
MACD XAUUSD Trading Divergence XAUUSD is one of the xauusd strategy used by online gold traders to analyze chart gold price movement. MACD XAUUSD Trading Divergence involves looking at a xauusd chart and one more gold technical indicator - MACD indicator. For our this xauusd divergence tutorials we shall use the MACD indicator - MACD XAUUSD Trading Divergence.
To spot this MACD gold divergence trading set up find two chart points at which gold price makes a new swing high or a new swing low but the MACD indicator does not do the same, thus indicating that there is a divergence between the gold price & momentum.
MACD XAUUSD Divergence Example:
In the gold chart below we identify two chart points, chart point A & chart point B (swing highs)
Then using MACD technical indicator we check the highs made by the MACD technical indicator, these are highs which are direct below the Chart points marked A & B.
We then draw one line on the gold chart & another line on the MACD indicator.
MACD XAUUSD Divergence Explanation - Bullish XAUUSD Divergence MACD - Bearish XAUUSD Trading Divergence MACD - MACD XAUUSD Divergence Guide
How to trade MACD xauusd trading divergence
In order to trade MACD gold divergence set-up we look for the following set-ups:
HH - Higher High - 2 highs but the last one is higher
LH - Lower High - two highs but the last one is lower
HL - Higher Low - 2 lows but the last one is higher
LL - Lower Low - 2 lows but the last one is lower
First let us look at examples of these gold divergence trading terms
What is MACD XAUUSD Divergence? - XAUUSD MACD Divergence Tutorial
MACD XAUUSD Trading Divergence Definition - MACD Divergence XAUUSD Tutorial - MACD XAUUSD Divergence Strategy PDF - MACD Divergence XAUUSD Guide
There are two types of xauusd MACD divergence setups:
- MACD Classic Divergence
- MACD Hidden Divergence
