How to Analyze Various Types of Trends in XAUUSD

How to Read Different Types of Trends in XAUUSD

The two different types of trends are upwards trend & downward trend.

Upward trend is a bullish price movement where prices in general close higher than where it is that they opened.

An upwards trend can be identified by drawing an upward trend line on the chart.

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Downward trend is a bearish price movement where prices in general close lower than where it is that they opened.

A downward trend can be identified by drawing a down-wards trend line on the chart.

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