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XAUUSD Strategies Using Candles

Gold Candlestick Patterns Strategy

The List of XAUUSD Candlesticks Patterns Strategy - Types of Gold Candlestick Patterns Examples

The List of xauusd candlesticks patterns strategy used to trade Gold - The top ten most commonly used xauusd candlesticks patterns strategy used to trade the online gold market.

Doji XAUUSD Using Candlestick Patterns

Doji is a xauusd candlestick pattern with the same opening and closing gold price. There are various types of doji candlesticks pattern that form on XAUUSD charts.

The following examples show various patterns of the doji candlestick:

Long-legged doji Gold Candlestick Patterns Strategy 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 of the Long Legged Doji gold trading candlesticks pattern

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Marubozu XAUUSD Using Candlestick Patterns

Marubozu Candlestick Patterns Strategy are long candlesticks that have no upper or lower shadows, Like shown below.

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Marubozu Candlestick Patterns Strategy are continuing xauusd candlestick patterns that show gold price is going to continue in the same direction as that of the marubozu candlestick. The marubozu candlesticks pattern can be white/blue or Black/red depending on the direction of the trend.

Spinning Tops Candlesticks XAUUSD Using Candlestick Patterns

Spinning tops Gold Candlestick Patterns Strategy have a small body with long upper and lower shadows. These spinning tops candlesticks patterns strategy 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 Gold Candlestick Patterns Strategy. You can look for the pattern in your MT4 xauusd charts. The example shown below shows a screenshot to help traders when it comes to learning and understanding these Gold Candlestick Patterns Strategy.

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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 signals that the direction of a xauusd has reversed before trading the signal from this Gold Candlestick Patterns Strategy formation.

Hammer Candlestick Pattern and Hanging Man Candlestick Pattern XAUUSD Using Candlestick Patterns

Hammer Candlestick Pattern and Hanging Man Candlestick Pattern candlesticks look alike but hammer is bullish reversal Gold Candlestick Patterns Strategy and hanging man is a bearish reversal Gold Candlestick Patterns Strategy.

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Hammer Candlestick XAUUSD Using Candlestick Patterns

Hammer Candlestick 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 Candlestick XAUUSD Using Candlestick Patterns

This hanging man Gold Candlestick Patterns Strategy 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.

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Inverted Hammer Candlestick XAUUSD Using Candlestick Patterns

This is a bullish reversal Gold Candlestick Patterns Strategy. It occurs at the bottom of a XAUUSD trend.

Inverted hammer Gold Candlestick Pattern occurs at the bottom of a downward xauusd trend and indicates the possibility of reversal of the downward XAUUSD trend.

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Shooting Star Candlestick XAUUSD Using Candlestick Patterns

Shooting Star is a bearish reversal Gold Candlestick Patterns Strategy. It occurs at the top of a gold trend.

Shooting Star Candlestick Pattern occur at the top of an upward 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 downwards to close near the open.

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Piercing Line Candlestick XAUUSD Using Candlestick Patterns

Piercing line candlestick patterns strategy 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 Gold Candlestick Patterns Strategy is a bullish reversal Gold Candlestick Patterns Strategy that occurs at the bottom of a market downward trend. It shows that the xauusd market opens lower and closes above the midpoint of the black body.

This Piercing Line Gold Candlestick Patterns Strategy shows that the momentum of the downward xauusd trend is reducing and the xauusd market xauusd trend is likely to reverse and move in an upward direction.

This Piercing Line Gold Candlestick Patterns Strategy is shown known as a piercing line signifying the xauusd market is piercing the bottom showing a market floor for the gold price downward trend.

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Dark Cloud Cover Candlestick XAUUSD Using Candlestick Patterns

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 patterns strategy that occurs at the top of an upward trend.

Dark Cloud cover XAUUSD Candlestick Pattern that the xauusd market opens higher and closes below the midpoint of the white body.

Dark Cloud cover Gold Candlestick Patterns Strategy shows that the momentum of the upward trend is reducing and the xauusd market xauusd trend is likely to reverse and move in a downward gold trading direction.

Dark Cloud cover Gold Candlestick Patterns Strategy is shown known as a cloud cover signifying the cloud as a ceiling for the gold price upward trend.

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Dark Cloud Cover Candlestick Pattern - XAUUSD Using Candlestick Patterns

Morning Star Candlestick XAUUSD Using Candlestick Patterns

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Evening Star Candlestick XAUUSD Using Candlestick Patterns

Opposite of the morning star candles pattern

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XAUUSD Using Candlestick Patterns

Engulfing is a reversal Gold Candlestick Patterns Strategy that can be bearish or bullish depending upon whether it appears at the end of a xauusd market downward xauusd trend or at the end of a gold market upward trading trend.

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