How Many Chart Tops Draw a Downward Trend Line?
To draw a down-wards trendline a gold trader needs at least 2 tops
To confirm a downwards trend-line a trader needs at least three price tops to touch the downward trend-line.
Example of Gold Downwards Trend on a trading chart
How Many Chart Tops Draw a Downwards Trend-Line?
A down trend forms when price makes series of lower highs & lower lows. Each price high is lower and lesser than prior high - lower high, each low is lower than prior low - lower low hence showing bearish gold price movement.
How Many Chart Tops Draw a Downward Trend-Line?
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