Trend Line Analysis

Analysis Methods of Trend Lines

A trendline bounce signals continuation. Gold price hits the trendline and keeps moving in the trend's direction.

Trend-Line Bounce Analysis in Up Trend

• In an upwards move, the price will bounce upward after hitting this upwards trendline level which is the support level.

Upward Trend Continuation: Bouncing off Support Levels that are established by an Ascending Trend-Line.

Upward Trend

Trend-Line Bounce Analysis in Down Trend

• In a downwards move, the market will bounce down-ward after touching this level which is the resistance level.

Downward Trend - Trend-Line Bounce after Touching The Resistance Areas Provided by Downward Trend-Line

Downwards Trend

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