What is a Metals Trading Pullback?

The metals price does not move up or down in a straight line. Instead the metals price moves up or down in a zigzag pattern called a metals trend - in this pullback pattern the metals price moves upward in a metals trend then it retraces before resuming the metals trend direction - in a downward metals trend the metals price moves downwards in the metals trend direction and then retraces before resuming the metals trend direction.

What's a pullback? A metals price pullback is a pullback of the metals price before the metal market resumes the original metals trend movement.

Example of Zigzag Metal Price Movement: The example illustrated and explained below shows metals price moving up in a zigzag pattern showing metals price metal trend and metals price pullback.

The example illustrated and explained below shows movement in an upward market and metals price pullback.

What is a Pullback? - What is Metal Trading Pullback? - Metals Price Pullback Described With Examples

1-2: Metals Price Moves Up - Metals Trading Trend Direction

2-3: Metals Price Pullback

3-4: Metals Price Moves Up - Metals Trading Trend Direction

4-5: Metals Price Pullback

5-6: Metals Price Moves Up - Metals Trading Trend Direction

The pullback of metals price is explained on the above example - this represents a metals trading pull-back in an upwards metal trend.