Trend Line Analysis
Analysis Methods of Trend Lines
The trendline bounce is a continuation signal where gold price bounces off this trendline to continue heading on same direction as that of the trend.
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.
Upwards Trend - Trend-Line Bounce after Touching Support Levels Provided by Upward 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
Get More Tutorials & Courses:
- Difference Between Maximum XAU/USD Leverage Set by the Broker and Used Leverage
- Types of Leverage Ratio Tutorial Course
- The Best Way to Start Learning Gold Trading
- How to Set a MT5 Gold EA in MetaTrader 5 Platform
- MetaTrader 4 Charts Course Tutorial
- How Do You Load a MT4 Charts Profile on MT4 Platform/Software?
- What Happens in Gold After You Have no Free Margin Left in XAUUSD Trading?
- iPad and Android MetaTrader 4 and MT5 Apps
- Introduction to MetaTrader 4 Dashboard
