How Can You Tell a Bullish Trend?

Meaning of a Upward Trend

How Can You Tell a Bullish Trend? - How Can You Define a Bullish Trend?

A bullish trend or an up-ward trend is defined by xauusd gold prices closing with higher highs and higher lows. This is the definition of a bullish xauusd gold trend.

The example shown and explained below defines the bullish trend setup

What is an Explanation of a Upward Trend?

Simple Way to Identify Gold Bullish Trend & Upward Trends

Gold Trend is the market tendency of prices to move in a particular direction for a period of time

For an Upward trend the price will move in a general market direction upwards.

This means the prices will close higher than they opened.

Upward Trend

An upward trendline is drawn below the pattern by connecting/joining at-least 2 lows. This will draw a line which shows and illustrates the overall trend direction of market.

The example shown & described below portrays how price moves when it is moving in a bullish market upward trend. The price will move upwards forming support areas.

Since the market moves in a zigzag manner traders usually draw an upwards trendline which shows the general upward direction.

What is an Explanation of a Upward Trend? - How Can You Tell a Bullish Trend? Definition of a Upward Trend?

Meaning of a Upwards Trend

An upward trend occurs when the market will continue making consecutive higher highs and higher lows. Each high is higher than prior high - higher high, and each low is higher than prior low- higher low.

Up trend trendlines gain more validity every time price tests/touches these trend lines but does not penetrate below the upward trendline. An up gold bullish trend remains intact til this series of higher highs and higher lows is broken - the up-wards trend line is broken, price crosses below the upward trend-line.

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How Can You Tell a Bullish Trend?

Meaning of a Upward Trend

Upward Trend