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Swing High

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Swing High
On a chart, a peak in an indicator or price. Swinging high may indicate that a trend is nearing reversal; on the other hand, swinging high at successively higher levels may be a bullish indicator. See also: Swing Low


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This is why you can find many shaking and unsteady swings as kids swing high on them.
The A-B-C swing dynamics (with point A being a major swing high and point B being a major swing low) suggest that gold will continue up to meet the Fibonacci 127% extension price near $1,091.
Lower swing highs and lower swing lows indicates that the down trend is back and unless Sterling can break out of this new descending trend channel, the 1.
 
 
 
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