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