softening is done according to the Kaufman-Kalman formula, which we did not like and changed the formula.
According to what is written above, indicator signals are formed according to the 10-day Kaufman-Kalman smoothing of the fully modified 14-day RSI.
On daily charts, the Bolinger Sub-Band value in the 20-day period is 1690.84 and can be given as the critical threshold value for gold. In particular, the level of 1709 is important so that it can be said that the rise has begun.
Gold is still in a bearish formation for the long term.For friends who will make hit-and-run with daily buy-sell approved by the band, they can trade according to the hanger / band values created by our indicator at the top right of the screen.
As Sayko Analysis team, we wish you a good weekend and good luck to our friends who will enter the transaction.