What's a XAUUSD Trend Reversal XAUUSD Signal?
XAUUSD Trend Reversal Meaning and Definition of XAUUSD Trend Reversal
A xauusd trend reversal in xauusd trading is when the direction of gold prices change and start moving in opposite direction.
To identify this xauusd reversal setup traders use the xauusd trend reversal trading strategy of xauusd trend-line break.
A xauusd trend reversal means that a xauusd up trend reverses and starts moving in a downward direction and for a xauusd down trend reversal the down trend reverses and starts moving in an upward direction.
Because a xauusd trend reversal is a change in the overall movement of gold price and not based on the movement of one xauusd candlesticks, xauusd traders use the xauusd trend reversal setup to determine when the xauusd trend has been reversed.
Up Gold trend XAUUSD Reversal
When gold price breaks below upward trend line (support) the xauusd market will then move downwards
Upward XAUUSD Trend-Line Break - XAUUSD Trend Reversal Meaning and Definition of XAUUSD Trend Reversal
This xauusd trend reversal trading signal is considered to be complete with formation of a lower high of the gold price. This also provides a trading opportunity to sell once the trend line is broken - gold reversal signal.
Down Gold trend XAUUSD Reversal
When gold price breaks above downwards line (resistance) the gold trading price will then move up
Downward XAUUSD Trend-Line Break - XAUUSD Trend Reversal Meaning and Definition of XAUUSD Trend Reversal
This xauusd trend reversal signal is considered to be confirmed with formation of higher low. This xauusd reversal setup also provides a trading opportunity to open a buy xauusd trade once the trend line is broken - xauusd trend line reversal gold trading signal.
Gold Trend Reversal Trading Strategy
After gold price has moved in a particular direction for an extended period of time within a xauusd trend it reaches a point where it stops moving within the trend. When this happens we say that the trendline has been broken and this is interpreted as a xauusd trend reversal signal.
Since the trendline is the point of support or resistance and this point of support or resistance has been broken after a xauusd trendline break - then we expect the gold price to move towards the opposite direction & this is interpreted as a xauusd trend reversal signal.
