divergence is a situation when the price and the MACD indicator are moving in opposite directions, indicating a possible trend reversal or continuation¹. There are two types of divergences: regular and hidden².
To determine if XAUUSD is exhibiting a divergence using MACD, you need to compare the highs and lows of the price with the corresponding peaks and troughs of the MACD line. The MACD line is the difference between two exponential moving averages (usually 12 and 26 periods) of the price³.
According to the web search results, th
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments