What Happens when a Downward Trend line is Broken?
What Happens when a Down Trend-Line is Broken?
Break of a Downward Trendline - When a descending trendline is penetrated, this functions as a reversal indication, signaling that the market has moved through the boundary line and is beginning to proceed in the opposite direction.
What Happens in Gold after Down-wards Trend-Line is Broken?
When a trendline is broken in downward trend - when a trend line is broken then the sentiment of the gold reverses and becomes bullish
Consequences of a Downward Trend-Line Breach - What Transpires When a Trendline is Interrupted?
Note: When a trend line breaks during a very strong trend, the price will consolidate for a while before moving in the opposite direction. When a trend line is broken for short-term market trends, prices may change right away.
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