What is a XAUUSD Trend Reversal?
A gold trend reversal in gold trading is a change of direction of the current xauusd trend.
When an upward gold trend reverses the upward direction of the xauusd price movement is stopped and xauusd prices then starts to consolidate or move in the opposite direction.
When a downward gold trend reverses the downward direction of the xauusd price movement is stopped and xauusd prices then starts to consolidate or move in the opposite direction.
Gold Trend is the overall movement of the xauusd prices. once the xauusd market starts to move in one general direction then prices will keep moving in that direction until when the trend is reversed.
A gold trend can be upwards meaning xauusd prices generally close higher than where they opened or the gold trend can be downwards meaning xauusd price generally close lower than where they opened.
How to Trade Reversal Chart Patterns - Reversal Chart Patterns Tutorials
To learn how to trade the gold trading reversal chart patterns trading setups use the above gold trading tutorials explaining examples of reversal chart patterns used in gold trading.
