How Do I Interpret a Trend Line?

A trend line can be an upwards trendline or a down-wards trend-line.

An up trend line is drawn by connecting/joining two lows and the price lows are connected using straight line. This straight line shows that the prices are moving upward because this trendline slopes up-ward - hence its name up-wards trendline. Gold traders then use this trendline as a support zone of price. New buy trade transactions are opened once the price tests/touches the up-ward trend-line.

A down trend-line is drawn by connecting/joining two highs and the price highs are connected using straight line. This straight line shows that the prices are moving downwards because this trendline slopes downwards - hence its name downwards trend-line. Gold traders then use this trendline as a resistance level of the price. New sell trade transactions are opened once price tests/touches the downward trend-line.

Guide Guide: How to Draw & Trade Up-wards Trendline

How to Interpret/Analyze a Trend-Line - Analysis of Trend Lines

How Do I Analyze Trendline? - How Do You Interpret Trend Line?

Guide Guide: How to Draw & Trade Downwards Trendline

How Do You Interpret a Trend Line? - Analysis of Trendlines - When Does a Downwards Trend Start?

Analysis of Trendlines - Trend-Line Trading

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Trade Gold Trading

How Do I Interpret a Trend Line?