{"id":478,"date":"2023-05-22T13:38:06","date_gmt":"2023-05-22T13:38:06","guid":{"rendered":"\/?page_id=478"},"modified":"2023-07-23T09:47:48","modified_gmt":"2023-07-23T01:47:48","slug":"technical-indicator","status":"publish","type":"page","link":"https:\/\/www.bullion.rakuten.com.hk\/en\/insight\/technical-indicator","title":{"rendered":"Technical Indicator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"478\" class=\"elementor elementor-478\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5fd914e1 e-flex e-con-boxed e-con\" data-id=\"5fd914e1\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-40d8184d elementor-widget elementor-widget-heading\" data-id=\"40d8184d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Technical Indicator<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1661ac8 e-flex e-con-boxed e-con\" data-id=\"1661ac8\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ee1183e elementor-widget elementor-widget-button\" data-id=\"ee1183e\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#MA\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Moving Average<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f61be4c elementor-widget elementor-widget-heading\" data-id=\"f61be4c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<span class=\"elementor-heading-title elementor-size-default\">|<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa9853f elementor-widget elementor-widget-button\" data-id=\"fa9853f\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#RSI\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Relative Strength Index<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-84112fc e-flex e-con-boxed e-con\" data-id=\"84112fc\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d2cac44 e-flex e-con-boxed e-con\" data-id=\"d2cac44\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cb43db4 elementor-widget elementor-widget-menu-anchor\" data-id=\"cb43db4\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\nbody.elementor-page .elementor-widget-menu-anchor{margin-bottom:0}<\/style>\t\t<div id=\"MA\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba6d5c2 elementor-widget elementor-widget-image\" data-id=\"ba6d5c2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1920\" height=\"520\" src=\"\/wp-content\/uploads\/2023\/05\/ma-en.jpg\" class=\"attachment-full size-full wp-image-1078\" alt=\"\" loading=\"lazy\" srcset=\"\/wp-content\/uploads\/2023\/05\/ma-en.jpg 1920w, \/wp-content\/uploads\/2023\/05\/ma-en-300x81.jpg 300w, \/wp-content\/uploads\/2023\/05\/ma-en-1024x277.jpg 1024w, \/wp-content\/uploads\/2023\/05\/ma-en-768x208.jpg 768w, \/wp-content\/uploads\/2023\/05\/ma-en-1536x416.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e4749f1 e-flex e-con-boxed e-con\" data-id=\"e4749f1\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-79c775b elementor-widget elementor-widget-heading\" data-id=\"79c775b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">WHAT IS A MOVING AVERAGE?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-098981e elementor-widget elementor-widget-text-editor\" data-id=\"098981e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Moving Average (Moving Average, MA) is a statistic conducted by the continuous average values over a specific period of time.<\/p><p>Moving average is one of the most common technical indicators. It provides an overall trend of price and forecasts upcoming trends and the possibility of turning trend. It is well accepted among traders given its simple application.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61b5a92 elementor-widget elementor-widget-heading\" data-id=\"61b5a92\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">TYPES OF MOVING AVERAGE<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b61aa3 elementor-widget elementor-widget-text-editor\" data-id=\"6b61aa3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>For the length of period, it can be divided into three kinds:<br \/>Short-term: 5 days and 10 days<br \/>Medium-term: 20 days and 50 days<br \/>Long-term: 100 days, 200 days, or even 250 days<\/p><p>The shorter the period, the smaller the lag. In other words, it reflects recent changes in the trend faster. For example, a 10-day moving average is closer to the recent price than a 250-day moving average.<\/p><p>Conversely, the longer the period, the greater the lag. It is mainly used to showcase a long-term trend.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-930e5e5 elementor-widget elementor-widget-heading\" data-id=\"930e5e5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How do I apply A MOVING AVERAGE?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c075f6 elementor-widget elementor-widget-text-editor\" data-id=\"5c075f6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong class=\"my-1\">1. Determining price trends<\/strong><\/p><p>Moving Average offers investors a macro reference for determining whether the market is bullish or bearish. Normally, analysts will see 200-day moving average as the bull-bear demarcation line.<\/p><p>If the price rises over the 200-day moving average, it is seen as a bullish signal. Conversely, if the price falls through the 200-day moving average, it is seen as a bearish signal.<\/p><p>If the price continues to stay above the 200-day moving average, an upward trend is formed and investors can look for possible buying opportunities.<br \/>Conversely, if the price remains below the 200-day moving average, a downward trend is formed and investors can seize the chance to sell.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fee67b6 elementor-widget elementor-widget-image\" data-id=\"fee67b6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"936\" height=\"390\" src=\"\/wp-content\/uploads\/2023\/05\/moving-average-en.png\" class=\"attachment-full size-full wp-image-1082\" alt=\"\" loading=\"lazy\" srcset=\"\/wp-content\/uploads\/2023\/05\/moving-average-en.png 936w, \/wp-content\/uploads\/2023\/05\/moving-average-en-300x125.png 300w, \/wp-content\/uploads\/2023\/05\/moving-average-en-768x320.png 768w\" sizes=\"(max-width: 936px) 100vw, 936px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f108289 elementor-widget elementor-widget-text-editor\" data-id=\"f108289\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As shown in the Spot Gold Daily Price Chart above, gold prices is above the 200-day moving average at the beginning and creates an upward trend. When the gold price falls and hits the 200-day moving average, there is a possibility of a turning trend. Afterwards, the gold price drops below the 200-day moving average and begins a downward trend.<\/p><p>\u00a0<\/p><p class=\"mt-3\"><strong class=\"my-1\">2. Gold Cross and Death Cross<\/strong><\/p><p class=\"\">After figuring out the main trend of the market, it\u2019s time to look for the entry chance. By doing so, we should look at the two different averages and find the intersections as entry signals.<br \/>When the fast line (shorter period) rises over the slow line (longer period), that means the recent trend is breaking the long-term trend and creates a buy signa, which is the gold cross. Investors can confirm the turn of trend and enter.<br \/>When the fast line (shorter period) drops below the slow line (longer period), that means the recent trend is breaking the long-term trend and creates the sell signal, which is the death cross. Investors can confirm the turn of trend and sell.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c40fab elementor-widget elementor-widget-image\" data-id=\"1c40fab\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"333\" src=\"\/wp-content\/uploads\/2023\/05\/moving-average-tc.png\" class=\"attachment-large size-large wp-image-1085\" alt=\"\" loading=\"lazy\" srcset=\"\/wp-content\/uploads\/2023\/05\/moving-average-tc.png 936w, \/wp-content\/uploads\/2023\/05\/moving-average-tc-300x125.png 300w, \/wp-content\/uploads\/2023\/05\/moving-average-tc-768x320.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5637df7 elementor-widget elementor-widget-text-editor\" data-id=\"5637df7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Example:<br \/>We add a 20-day moving average to the daily chart as the fast line and a 50-day average as the slow line.<br \/>When the 20-day moving average fast line rises above the 50-day moving average, the gold cross is formed. Investors can confirm the turn of trend and enter.<br \/>When the 20-day moving average fast Line falls below the 50-day moving average, the death cross is formed. Investors can confirm the turn of trend and sell.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cac4295 elementor-widget elementor-widget-heading\" data-id=\"cac4295\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">THE DISADVANTAGE OF MOVING AVERAGES<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0259c8 elementor-widget elementor-widget-text-editor\" data-id=\"e0259c8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Since the moving average needs to be calculated from the previous values, the results may be delayed. Besides, the longer the cycle, the greater the lag. The market price may already react before the average reaches the highest\/lowest point or a gold\/death cross is formed. This hinders investors to react in time. Moving averages only provide a macro reference for investors. If investors need a more comprehensive analysis, other indicators have to be included.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c4e97a9 e-flex e-con-boxed e-con\" data-id=\"c4e97a9\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1f78bad elementor-widget elementor-widget-menu-anchor\" data-id=\"1f78bad\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"RSI\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ec0e73 elementor-widget elementor-widget-image\" data-id=\"4ec0e73\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1920\" height=\"520\" src=\"\/wp-content\/uploads\/2023\/05\/rsi-en.jpg\" class=\"attachment-full size-full wp-image-1088\" alt=\"\" loading=\"lazy\" srcset=\"\/wp-content\/uploads\/2023\/05\/rsi-en.jpg 1920w, \/wp-content\/uploads\/2023\/05\/rsi-en-300x81.jpg 300w, \/wp-content\/uploads\/2023\/05\/rsi-en-1024x277.jpg 1024w, \/wp-content\/uploads\/2023\/05\/rsi-en-768x208.jpg 768w, \/wp-content\/uploads\/2023\/05\/rsi-en-1536x416.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ce520c8 e-flex e-con-boxed e-con\" data-id=\"ce520c8\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e31366c elementor-widget elementor-widget-heading\" data-id=\"e31366c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What is the RSI?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d2cbcc elementor-widget elementor-widget-text-editor\" data-id=\"4d2cbcc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>RSI, Relative Strength Index, is used to estimate the momentum of buyers and sellers, measure the magnitude of price changes and to determine whether the market is overbought or oversold.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-053a555 elementor-widget elementor-widget-heading\" data-id=\"053a555\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The importance of RSI<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6902b84 elementor-widget elementor-widget-text-editor\" data-id=\"6902b84\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If the buying momentum is strong, there is a greater opportunity of rise. On the contrary, if the selling momentum is strong, there is a greater opportunity of drop.<br \/>However, if we only rely on price changes to determine the market situation and ignore the process within, we may overlook the change in momentum.<\/p><p>For example, both 2 cases are also up 8% in 20 days. In different time, trends, orders and magnitudes can vary or even be completely different. (i.e. rise slowly, fall before rise, rise and then stabilize).<\/p><p>To apply RSI, apart from determining the up and down trend, you can also see the momentum of buyers and sellers. If the momentum is stronger, the RSI value will tend to be more extreme.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e115a51 elementor-widget elementor-widget-heading\" data-id=\"e115a51\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How to interpret and apply RSI indicators?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f4447cf elementor-widget elementor-widget-text-editor\" data-id=\"f4447cf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The value range of RSI is from 0 to 100. Commonly, 50 is the demarcation line.<br \/>Value greater than 50: the buying momentum is strong, the rising magnitude is stronger.<br \/>Value less than 50: the selling momentum is strong, the dropping magnitude is stronger.<\/p><p>If price rises in large magnitude, the RSI value will be above 50. The stronger the buying momentum, the greater the RSI value.<br \/>On the contrary, if price drops in large magnitude, the RSI value will be below 50. The stronger the selling momentum, the smaller the RSI value<br \/>If the market does not have a clear direction, the RSI value will stay around 50.<\/p><p>In addition, if the value goes to extreme, there will be overbought or oversold (Generally, &gt;70 means overbought, &lt; 30 means oversold), there is a chance to overturn.<\/p><p>Value &gt; 70: When the price rises quickly, overbought appears. If buying momentum turns weak, there is an opportunity to turn downwards.<br \/>Value &lt; 30: When the price drops quickly, oversold appears. If selling momentum turns weak, there is an opportunity to turn upwards.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c6f5ab elementor-widget elementor-widget-image\" data-id=\"4c6f5ab\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"623\" height=\"96\" src=\"\/wp-content\/uploads\/2023\/05\/indicator-en.png\" class=\"attachment-full size-full wp-image-1075\" alt=\"\" loading=\"lazy\" srcset=\"\/wp-content\/uploads\/2023\/05\/indicator-en.png 623w, \/wp-content\/uploads\/2023\/05\/indicator-en-300x46.png 300w\" sizes=\"(max-width: 623px) 100vw, 623px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Technical Indicator Moving Average | Relative Strength Index WHAT IS A MOVING AVERAGE? Moving Average (Moving Average, MA) is a statistic conducted by the continuous average values over a specific period of time. Moving average is one of the most common technical indicators. It provides an overall trend of price and forecasts upcoming trends and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":466,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_jet_sm_ready_style":"","_jet_sm_style":"","_jet_sm_controls_values":"","_jet_sm_fonts_collection":"","_jet_sm_fonts_links":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Technical Indicator | Rakuten Securities Bullion HK<\/title>\n<meta name=\"description\" content=\"Learn about technical indicator of Moving Average and RSI (Relative Strength Index) on chart. 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