My understanding of market structures. 1.Market structures are swing points (swing High and swing low on the chart). 2.They can be used to define trend uptrend- when market is making Higher Highs and Higher Lows consecutively downtrend-when market makes Lower Highs and lower lows consecutively
In the XAUUSD chart, Market is constantly making higher highs and higher lows. So the trend is bullish/upwards.
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