What's XAUUSD Retrace Meaning?

The gold trading price on a xauusd chart does not move upward or downward in a straight line. Instead the gold trading price on a xauusd chart moves up or down in a zigzag pattern called a trend.

Upwards trendgold price retrace - the gold trading price moves upward in a xauusd trend then it retraces before resuming the upward trend direction

Downwards xauusd trendgold price retrace - the gold trading price moves downward in xauusd trend direction & then retraces before resuming the downward xauusd trend direction.

What Does XAUUSD Retrace Mean? A gold trading price retrace is a pullback of the gold trading price before the xauusd market resumes the original xauusd trend movement.

XAUUSD Retrace Meaning and XAUUSD Retrace Definition - Example of a XAUUSD Retrace Pattern

What is XAUUSD Retrace Meaning? - What Does XAUUSD Retrace Mean? - XAUUSD Retrace Meaning and XAUUSD Retrace Definition

Explanation of XAUUSD Retrace Pattern

1-2: XAUUSD Price Moves Up - XAUUSD Trend Direction

2-3: XAUUSD Price Retrace

3-4: XAUUSD Price Moves Up - XAUUSD Trend Direction

4-5: XAUUSD Price Retrace

5-6: XAUUSD Price Moves Up - XAUUSD Trend Direction

The retrace definition of gold trading price is explained on the xauusd example - this represents a xauusd retrace move in an upward gold trend.