Upward XAUUSD Trading Trend
What is Trending in a Upwards XAUUSD Trading Direction?
Gold Up Trending Market - is a market where the general price direction is up meaning xauusd prices are generally closing higher than where they opened.
What's Trending in a Upward Gold Trading Direction?
How to Interpret a Upwards Gold Trend
An upward gold trend pattern is drawn below the upward sloping xauusd price trend by connecting at least two lows. This will draw a gold trend line that show the general gold trend direction of the market upwards.
A up gold trend occurs when price makes consecutive higher price highs and higher price lows. Each xauusd price high is higher than the previous xauusd price high - higher high, and each xauusd price low is higher than the previous xauusd price low - higher low.
How to Analyze Upwards Gold Trend?
How to Interpret a Upwards XAUUSD Trend Line
Upwards XAUUSD Trend Line: The upwards gold trend line pattern of this minor resistance and support points will form a series of support & resistance levels whose general gold trend direction is upward.
How to Analyze Upwards Gold Trend Line