How Many XAUUSD Chart Bottoms Draw an Upwards XAUUSD Trend Line?

To draw a xauusd upwards xauusd trend line a xauusd trader needs at least two bottoms

To confirm a xauusd upwards xauusd trend line a xauusd trader needs at least three gold price bottoms to touch the upward xauusd trend line.

Example of XAUUSD Upwards XAUUSD Trend on a xauusd chart

How Many XAUUSD Chart Bottoms Draw an Upwards XAUUSD Trend Line?

Since the xauusd market moves in a zigzag manner traders normally draw a xauusd trend line which shows the general upwards direction.

How Many XAUUSD Chart Bottoms Draw an Upwards XAUUSD Trend Line?

An up xauusd trend occurs when the gold price makes consecutive higher highs and higher lows. Each high is higher than the previous high- higher high , and each low is higher than the previous low- higher low.