What Happens when a Downwards Trendline is Broken?
What Happens when a Down Trendline is Broken
Downward gold trend line break - when a downward trendline is broken it is a gold reversal trading signal where the xauusd market goes through the gold trend line and starts moving in the opposite direction.
What Happens in XAUUSD Trading after a Downward XAUUSD Trendline is Broken?
when a trendline is broken in a down gold trend - when a trendline is broken then the sentiment of the gold trading reverses and becomes bullish
What Happens when a Downward Gold Trendline is Broken? - What Happens when a Gold Trend Line is Broken?
NB: for very strong gold trends, when a gold trend line is broken the xauusd price will consolidate for some time before moving in the opposite gold trend direction. For short term gold market trends when a gold trend line is broken it will mean xauusd price may reverse immediately.