What are Gold Trend lines Trading Signals?

A gold trend-line on a gold chart is used to indicate the general direction of the xauusd prices - upwards or downwards.

Gold trendline signals are when the price touches the trend line - when the price touches the trend line then this is interpreted as buy signal or a sell signal

When xauusd price touches the upward trend line it means this is a buy signal and gold traders will use this upwards trend line point to open buy xauusd trades. The trades are then held open as long as the prices remain above the upwards trend.

What are Gold Trend lines Signals? - What are Gold Trend lines Gold Trading Signals?

When xauusd price touches the downward gold trend line it means this is a sell signal and gold traders will use this downward trend line point to open sell xauusd trades. The trades are then held open as long as the prices remain below the downward xauusd trend.

What are Gold Trend lines Signals? - What are Gold Trend lines Gold Signals? - What Do Gold Trend-Lines Signals Mean