What are the Different Types of Gold Trends? Examples of the Two Gold Trend Types
The two different types of gold trends are upward gold trend and downward trend.
Upward Gold Trend
Upward gold trend is a bullish gold market movement where xauusd prices generally close higher than where they opened.
An upward gold trend can be identified by drawing an upward gold trend line on the xauusd price chart.
Gold Trend Trading Tutorial: How to Trade Upward Bullish Gold Trend
Upward Gold Trading Bullish Market Gold Trend - Definition of Types of Trends in Gold
Downward XAUUSD Trend
Downward gold trend is a bearish gold market movement where xauusd prices will generally close lower than where they opened.
A downward gold trend can be identified by drawing a downward gold trend line on the xauusd price chart.
Gold Trend Trading Tutorial: How to Trade Downward Bearish Gold Trends
Downward Gold Trading Bearish Market Gold Trend - Definition of Types of Trends in Gold