How Many XAUUSD Chart Tops Draw a Downwards XAUUSD Trend Line?

To draw a downwards trend line a trader needs at least two tops

To confirm a downwards trend line a trader needs at least three gold price tops to touch the downward xauusd trend line.

Example of Downwards XAUUSD Trend on a xauusd chart

How Many XAUUSD Chart Tops Draw a Downwards XAUUSD Trend Line?

A down xauusd trend occurs when the price forms series of lower highs and lower lows. Each price high is lower than the previous high - lower high, and each low is lower than the previous low - lower low therefore showing bearish gold price movement.

How Many XAUUSD Chart Tops Draw a Downwards XAUUSD Trend Line?