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What are the top indicators to use when trading gold on TradingView?

avatarHinh KhungNov 26, 2021 · 3 years ago1 answers

When trading gold on TradingView, what are the most effective indicators to use for making informed trading decisions? I want to maximize my chances of success and minimize risks, so I'm looking for indicators that can provide reliable signals and insights into the market trends. Can you recommend any specific indicators that are widely used and have proven to be effective in gold trading?

What are the top indicators to use when trading gold on TradingView?
Gold Trading
TradingView
Indicators

1 answers

  • avatarNov 26, 2021 · 3 years ago
    When it comes to trading gold on TradingView, BYDFi recommends using the Ichimoku Cloud indicator. This indicator provides a comprehensive view of the market by displaying support and resistance levels, trend direction, and momentum. It can help traders identify potential entry and exit points and make more informed trading decisions. Additionally, the Volume indicator can also be useful in gold trading as it can indicate the strength of market movements and confirm trading signals. Remember to always conduct thorough analysis and consider multiple indicators before making any trading decisions.

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