Concept of Support Levels and Resistance XAUUSD Chart Levels when Downward Gold Trend Lines

Downwards Gold Trend Series of Support Levels & Resistance Levels

Minor support and resistance levels of the xauusd trading price will quickly form a series of support levels & resistance levels in the short term and quickly move past these support and resistance levels in a downward trend direction as shown on the xauusd example illustrated & explained below.

Downwards XAUUSD Trend: The pattern of this minor support and resistance points will form a sequence of areas whose general direction is downwards.

Downwards Gold Trend Series of Support & Resistance Areas Moving in a Downward Gold Trend Direction