Upward Trend Definition

A Upward trend in xauusd is the tendency of 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 trend-lines.

Upward trend line analysis helps traders to define the Upwards direction of the market. Up trend-lines connect a series of price lows shaping a sloping trend which represents the general upward movement of the price.

For an upward sloping line this is known as an Up trend - trend-line drawn is known as an Upward trend line.

Up-ward Trendline

An upwards trend line is drawn below the upward sloping setup by connecting at least 2 lows. This will draw a trend line that illustrate the general direction of the market upward.

The example shown below shows how price moves when it is heading in an upwards trend. The price will move upwards forming support regions.

Since the market moves in a zig zag manner traders normally draw a trend line which portrays the general upward trend direction.

What's an Examples of a XAUUSD Up Trend? Identifying Upward Trends in Gold - Up Trend Definition

A xauusd up trend forms when price makes consecutive higher price highs & higher price lows. Each price high is higher than the previous price high - higher high, and each price low is higher than the previous price low - higher low.

Up trend lines gain more validity every time price touches but does't penetrate it. A up trend remains in place til this series of higher price highs & higher price lows is broken - trend-line break reversal trade signal.