Definition of Sell Trade in XAUUSD

In xauusd as trader you will be selling one xauusd for another. You will use charts to determine when to sell a instrument - you will open a sell xauusd trade if the prices on the charts are moving in a downward trend direction.

Definition of Sell Trade in Gold

If the price on a chart is going downwards we sell the instrument, this is referred to as selling. When the market trend is going downwards it is known as to as a bearish market trend. The example illustrated below shows a downward trend, this is when a sell xauusd trade order is set. The sell signal is identified by drawing a downwards trend line on a chart. The example shown below shows a sell trade signal.

What Does it Mean to Sell a XAUUSD? - Definition of Sell Trade in XAUUSD