How Do I Trade Gold Using Trend Lines?
Gold Trend lines in Gold Trading are used to show the resistance or support levels of xauusd price as the xauusd price moves upward or downwards as explained on the gold trend analysis examples below:
Resistance Levels and Support Levels when Trading Upward XAUUSD Trend Lines
Upward Gold Trend Series of Support Levels and Resistance Levels - How Do I Use a Trading Gold Trendline in Gold Trading
Gold Trend Analysis - Minor resistance and support levels of the xauusd price will quickly form a series of support levels and resistance levels in the short term and quickly move past these resistance and support points in an upward gold trend direction as shown on the upward trend example illustrated and explained below.
Upward XAUUSD Trend: The upward gold trend pattern of this minor resistance and support points will form a series of support and resistance levels whose general gold trend direction is upwards.
Upward Gold Trend Series of Support and Resistance - How Do I Use a Trading Gold Trendline in Gold Trading?
Support Levels and Resistance Levels when Trading Downward Gold Trendlines
Downward Gold Trend Series of Support Levels and Resistance Levels - How Do I Use a Trading Gold Trendline in Gold Trading
Gold Trend Analysis - Minor support and resistance levels of the xauusd price will quickly form a series of support levels and resistance levels in the short term and quickly move past these support and resistance levels in a downward trend direction as shown on the gold trend example illustrated and explained below.
Downward Gold Trend: The downward gold trend pattern of this minor support and resistance points will form a series of levels whose general gold trend direction is downwards.
Downward Gold Trend Series of Support and Resistance Levels - How Do I Use a Trading Gold Trendline in Gold Trading?