Upward XAUUSD Trend Definition
A Upward xauusd trend in xauusd is the tendency of gold trading prices to move in a upwards direction for a period of time in a general direction upwards.
Up Trends can be analyzed using Upward xauusd trend lines.
Upward xauusd trend line analysis helps traders to define the Upward direction of the market. Up xauusd trend lines connect a series of gold trading price lows forming a sloping xauusd trend which represents the general upwards movement of the gold trading price.
For an upward sloping line this is known as an Up xauusd trend - trend-line drawn is known as an Upward xauusd trend line.
Upward Gold Trend-line
An upwards xauusd trendline is drawn below the upwards sloping pattern by connecting at least two lows. This will draw a xauusd trendline that illustrate the general direction of the market upward.
The example shown below shows how gold trading price moves when it is moving in an upward gold trend. The gold trading price will move upward forming support regions.
Since the xauusd market moves in a zigzag manner xauusd traders normally draw a xauusd trend-line which shows the general upward xauusd trend direction.
What's an Examples of a XAUUSD Up Trend? Identifying Upward Trends in Gold - XAUUSD Up Trend Definition
A xauusd up trend occurs when the price makes consecutive higher price highs & higher price lows. Each gold trading price high is higher than the previous gold trading price high - higher high, & each gold trading price low is higher than the previous gold price low - higher low.
XAUUSD up xauusd trend lines gain more validity each time gold trading price touches but does not penetrate it. A up trend remains in place until this series of higher price highs & higher price lows is broken - xauusd trend-line break reversal gold trade signal.