Candlestick Gold Chart Patterns Tutorial PDF
XAUUSD Candles - these candlesticks use the same gold price data as bar xauusd charts (open, high, low, and close). However, these candlesticks resembles a candle with wicks on both ends as opposed to bar xauusd charts that resembles bars.
Gold Candlestick Patterns Tutorial
The rectangle part of a gold trading candle is called the body.
The high and low of the candlestick are described as shadows and drawn as poking lines.
XAUUSD Candle Patterns Explained with Examples PDF
The color of the candlestick is either blue or red
- (Blue or Green Color) - XAUUSD Prices moved up
- (Red Color) - XAUUSD Prices moved down
Most gold trading platforms like the MetaTrader 4 xauusd platform, use colors to mark the direction. colors used are blue or green - green color candlesticks; when gold price moves up, red color candlesticks; when gold price moves down.
XAUUSD Candle Patterns Explained with Examples PDF
XAUUSD Candle Patterns Explained with Examples PDF
Doji Gold Candlestick Patterns Explained with Examples PDF
This is a xauusd candle pattern with the same opening and closing gold price. There are various types of doji xauusd candlesticks pattern that form on XAUUSD charts.
The following examples show various patterns of the doji xauusd candlestick:
Long-legged doji xauusd candle pattern has long upper and lower shadows with the opening and closing gold price at the middle. When the Long legged doji appears on a XAUUSD chart it indicates indecision between gold traders, the buyers and the sellers.
Below is an example screenshot image of the Long Legged Doji gold trading candles pattern
Doji Gold Chart Pattern - Doji Gold Candlestick Patterns Explained with Examples PDF
Doji Gold Chart Pattern - Doji Gold Candlestick Patterns Explained with Examples PDF
Marubozu Gold Candlestick Patterns Explained with Examples PDF
Marubozu xauusd candle pattern are long candlesticks that have no upper or lower shadows, Like shown below.
Marubozu Candlesticks - Marubozu Gold Candlestick Patterns Explained with Examples PDF
Marubozu xauusd candle pattern are continuing xauusd candlestick patterns that show gold price is going to continue in the same direction as that of the marubozu xauusd candlestick. The marubozu xauusd candlesticks pattern can be white/blue or Black/red depending on the direction of the gold trend.
Spinning Tops Candlesticks Gold Candlestick Patterns Explained with Examples PDF
Spinning tops xauusd candle pattern have a small body with long upper and lower shadows. These spinning tops xauusd candlesticks patterns are referred to by this name because they are similar to spinning tops on a matchstick.
The upper and lower shadows of the spinning tops xauusd candlesticks pattern are longer than the body. The example shown below shows the spinning tops xauusd candle pattern. You can look for the pattern in your MetaTrader 4 XAUUSD Platform xauusd charts. The example shown below shows a screenshot to help traders when it comes to learning and understanding these xauusd candle pattern.
How to Read XAUUSD Candlestick Charts - Spinning Tops Gold Candlestick Patterns Explained with Examples PDF
The color of the spinning tops candlestick xauusd candlesticks pattern is not very important, this formation show the indecision between the buyers and sellers in the XAUUSD market. When these xauusd chart patterns appear at the top of a xauusd trend or at the bottom of the xauusd trend it might signify that the xauusd trend is coming to an end and it might soon reverse and start going the other direction. However, it is best to wait for confirmation xauusd signals that the direction of a xauusd has reversed before trading the signal from this xauusd candle pattern formation.
Hammer XAUUSD Candlestick Pattern and Hanging Man XAUUSD Candlestick Pattern Gold Candlestick Patterns Explained with Examples PDF
Hammer XAUUSD Candlestick Pattern and Hanging Man XAUUSD Candlestick Pattern candlesticks look alike but hammer is bullish reversal xauusd candle pattern and hanging man is a bearish reversal xauusd candle pattern.
Hammer XAUUSD Candlestick Pattern and Hanging Man Gold Candlestick Pattern - Gold Candlestick Patterns Explained with Examples PDF
Hammer Gold Candlestick Patterns Explained with Examples PDF
Hammer xauusd candle pattern is a potentially bullish xauusd candlestick pattern that occurs during a xauusd downward trend. It is named so because the xauusd market is hammering out a market bottom.
Hanging Man Gold Candlestick Patterns Explained with Examples PDF
This hanging man xauusd candle pattern is a potentially bearish xauusd reversal signal that occurs during a xauusd upward trend. It is named so because it resembles a man hanging on a noose up high.
Hanging Man XAUUSD Candlestick Pattern
Inverted Hammer Gold Candlestick Patterns Explained with Examples PDF
This is a bullish reversal xauusd candle pattern. It occurs at the bottom of a XAUUSD trend.
Inverted hammer xauusd candle pattern occurs at the bottom of a down xauusd trend and indicates the possibility of reversal of the downward XAUUSD trend.
Inverted Hammer Gold Candlestick Pattern - Gold Candlestick Patterns Explained with Examples PDF
Shooting Star Gold Candlestick Patterns Explained with Examples PDF
Shooting Star is a bearish reversal xauusd candle pattern. It occurs at the top of a gold trend.
Shooting Star xauusd candle pattern occur at the top of an up xauusd trend in the XAUUSD market where the open gold price is the same as the low and gold price then rallied up but was pushed back down to close near the open.
Shooting Star Candlestick - Gold Candlestick Patterns Explained with Examples PDF
Piercing Line Gold Candlestick Patterns Explained with Examples PDF
Piercing line candlestick pattern is a long black body followed by a long white body candlestick.
The white body pierces the midpoint of the prior black body.
This Piercing Line xauusd candle pattern is a bullish reversal xauusd candle pattern that occurs at the bottom of a market downward gold trend. It shows that the xauusd market opens lower and closes above the midpoint of the black body.
This Piercing Line xauusd candle pattern shows that the momentum of the down xauusd trend is reducing and the xauusd market xauusd trend is likely to reverse and move in an upward direction.
This Piercing Line xauusd candle pattern is shown known as a piercing line signifying the xauusd market is piercing the bottom showing a market floor for the gold price downward gold trend.
Piercing Line Gold Candlestick Pattern - Gold Candlestick Patterns Explained with Examples PDF
Dark Cloud Cover Gold Candlestick Patterns Explained with Examples PDF
Opposite of piercing candlestick xauusd candlestick.
This candlestick is a long white body followed by a long black body.
The black body pierces the midpoint of the prior white body.
This is a bearish reversal xauusd pattern that occurs at the top of an upward gold trend.
Dark Cloud cover xauusd candle pattern that the xauusd market opens higher and closes below the midpoint of the white body.
Dark Cloud cover xauusd candle pattern shows that the momentum of the up xauusd trend is reducing and the xauusd market xauusd trend is likely to reverse and move in a downward gold trading direction.
Dark Cloud cover xauusd candle pattern is shown known as a cloud cover signifying the cloud as a ceiling for the gold price upward gold trend.
Dark Cloud Cover XAUUSD Candle Pattern
Morning Star Gold Candlestick Patterns Explained with Examples PDF
Morning Star Gold Candlestick Pattern - Gold Candlestick Patterns Explained with Examples PDF
Evening Star Gold Candlestick Patterns Explained with Examples PDF
Opposite of the morning star gold trading candles pattern
Evening Star Gold Candlestick Pattern - Gold Candlestick Patterns Explained with Examples PDF - Candlestick Guide
Engulfing Gold Candlesticks Patterns
Engulfing is a reversal xauusd candle pattern that can be bearish or bullish depending upon whether it appears at the end of a xauusd market down xauusd trend or at the end of a gold market upward trading trend.
Bullish and Bearish Engulfing XAUUSD Candlesticks Patterns - Gold Candlestick Patterns Explained with Examples PDF
Gold Candlestick Patterns PDF - Gold Candlestick Patterns Tutorial PDF
