Continuation Gold Candle Patterns - Doji Candlestick Pattern
Doji Candlesticks Pattern
Doji Candle Pattern is a candle pattern with the same opening & closing gold price. There are various types of doji candlesticks patterns that form on gold charts.
following examples show various candlestick patterns of the doji candle:
Long-legged doji candlestick pattern has long upper and lower shadows with opening and closing gold price at the middle. When the Long-legged doji candlestick pattern appears on a XAUUSD chart it indicates indecision between gold traders, the buyer and the sellers.
Below is an example image image of the Long Legged Doji Candle Pattern
- How to Trade Doji Candlesticks Patterns - How to Analyze Doji Candles Pattern
Cross Doji Candlestick Pattern
Cross doji candlestick pattern has a long lower shadow and a short upper shadow and the open & close of the day is the same.
This cross doji candlestick pattern appears at market turning points & warns of a possible xauusd trend reversal in the xauusd market. Shown Below is as example of this cross doji candlestick pattern formation
- Cross Doji Pattern - Doji Candle Patterns - Doji Consolidation Candles Pattern - Continuation Gold Candle Patterns - Doji Candlesticks Patterns
Inverted Cross Doji Candle Pattern
Inverted cross doji candlestick pattern have a long upper shadow & a short lower shadow and the open & close is the same.
This inverted doji candle pattern reversal xauusd pattern appears at market turning points & warns of a possible xauusd trend reversal. Shown Below is an example
- Inverted Cross Doji Candle Pattern
Technical Analysis of Doji Candlesticks Patterns - All doji candles pattern show indecision in the xauusd market xauusd trend - this is because at the top of xauusd trend the buyers were in control, at the bottom of the xauusd trend the sellers were in control but none of them could gain control and at the close of the xauusd market the gold price closed unchanged at the same gold price as the opening gold price. This doji candlestick pattern shows that the overall gold price movement for that day was zero pips or just a minimum range of 1-3 pips. Reading these doji candlestick patterns require very small pip movement between the opening gold price & closing gold price.
