Downward Trading Trend

What's Trending in a Downwards XAUUSD Direction?

Down Trending Market - is a market where the general price direction is down meaning prices are generally closing lower than where they opened.

What is Trending in a Downwards XAUUSD Direction?

How to Interpret a Downward Trend

A downward trend setup is drawn above the down-ward market trend formed by adjacent lower highs, it must connect at least two highs, with recent most high being lower.

A down trend forms when the price forms a series of lower highs and lower lows. Each price high is lower than the previous price high - lower high: LH, and each price low is lower than the previous price low - lower low: LL hence displaying bearish price movement.

Interpret a Downward Trend?

How to Interpret a Downward Trendline

Downward Trend Line: The downwards trend line pattern of this minor support & resistance points will form a series of levels whose general trend line direction is down-ward.

Interpret a Downward Trend Line