Gold/USD - **Definition**: - In technical analysis, a "higher high" refers to a peak in the price of an asset that surpasses the previous highest peak. - **Indicator of Upward Momentum**: - Signifies an upward trend in the price of the asset. - Typically seen as a bullish indicator by traders and analysts. - **Interpretation**: - Indicates increasing...
It seems you're referring to Dow Trading Analysis, which typically involves applying the principles of Dow Theory to make trading decisions in the stock market. Here's a summary: 1. **Market Trends**: Dow Trading Analysis emphasizes identifying primary trends, which can last for extended periods, and secondary trends, which are corrections against the primary...