Concept of Support Levels and Resistance Chart Levels when Downward Gold Trend Lines

Downward Gold Trend Series of Support Levels & Resistance Levels

Minor support & resistance zones of the xauusd trading price will quickly form a series of support levels and resistance zones in the short term & quickly move past these support & resistance zones in a downward trend direction as cited on the xauusd example shown and explained below.

Downward Trend: The pattern of this minor support and resistance points will form a sequence of areas whose general direction is downwards.

Downward Gold Trend Series of Support & Resistance Areas Moving in a Downward Gold Trend Direction