MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Top 10 Candlesticks Patterns in XAUUSD and their Technical Analysis:

How Do You Read Japanese Candlesticks Patterns? - How Do I Read Japanese Candlesticks Patterns? - Trading XAUUSD Study Gold Candlesticks?

Below is a beginners guide on how to read and analyze gold trading candles patterns:

Doji MetaTrader 4 Gold Candlestick Pattern Recognition Gold Tutorial

This is a xauusd candlesticks pattern with the same opening and closing gold trading 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 candlesticks pattern has long upper and lower shadows with the opening and closing gold trading price at the middle. When the Long-legged doji appears on a xauusd chart it signals indecision between gold traders, the buyers and the sellers.

Below is an example screenshot of the Long Legged Doji gold trading candlesticks pattern

Doji Gold Chart Pattern - Doji MetaTrader 4 Gold Charts XAUUSD Tutorial

Doji Gold Chart Pattern - Doji MetaTrader 4 XAUUSD Candlestick Pattern Recognition XAUUSD Tutorial

Marubozu MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Marubozu xauusd candlesticks pattern are long candlesticks that have no upper or lower shadows, Like shown below.

Marubozu Candlesticks - Marubozu MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Marubozu xauusd candlesticks pattern are continuing xauusd candlestick patterns that show gold trading 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 MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Spinning tops xauusd candlesticks pattern have a small body with long upper and lower shadows. These spinning tops 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 candlesticks 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 gold trading candles pattern.

How to Read XAUUSD Candlestick Charts - Spinning Tops MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

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 trend has reversed before trading the signal from this xauusd candlesticks pattern formation.

Hammer Candlestick Pattern and Hanging Man Candlestick Pattern MT4 XAUUSD Candle Pattern Recognition XAUUSD Guide

Hammer Candlestick Pattern and Hanging Man Candlestick Pattern candlesticks look alike but hammer is bullish reversal xauusd candlesticks pattern and hanging man is a bearish reversalgold trading candlesticks pattern.

Hammer Candlestick Pattern and Hanging Man Candlestick Pattern - MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Hammer Candlestick MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Hammer xauusd candlesticks 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 MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

This hanging man candlesticks 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 Candlestick Pattern

Inverted Hammer Candlestick MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

This is a bullish reversal candlesticks pattern. It occurs at the bottom of a XAUUSD trend.

Inverted hammer candlesticks pattern occurs at the bottom of a down xauusd trend and signals the possibility of reversal of the downward XAUUSD trend.

Inverted Hammer Candlestick Pattern - MetaTrader 4 Gold Charts XAUUSD Tutorial

Shooting Star Candlestick MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Shooting Star is a bearish reversal candlesticks pattern. It occurs at the top of a gold trend.

Shooting Star xauusd candlesticks pattern occur at the top of an up xauusd trend in the XAUUSD market where the open gold trading price is the same as the low and gold price then rallied up but was pushed back downward to close near the open.

Shooting Star Candlestick - MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Piercing Line Candlestick MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

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 candlesticks pattern is a bullish reversal candlesticks 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 candlesticks 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 candlesticks 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 trend.

Piercing Line Gold Candlestick Pattern - MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Dark Cloud Cover Candlestick MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

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 candlesticks pattern that the xauusd market opens higher and closes below the midpoint of the white body.

Dark Cloud cover xauusd candlesticks 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 candlesticks pattern is shown known as a cloud cover signifying the cloud as a ceiling for the gold price upward trend.

Dark Cloud Cover Candle Pattern

Morning Star Candlestick MT4 XAUUSD Candle Pattern Recognition XAUUSD Guide

Morning Star Candlestick Pattern - MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Evening Star Candlestick MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Opposite of the morning star candlesticks pattern

Evening Star Candlestick Pattern - MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Engulfing Candles Patterns

Engulfing is a reversal candlesticks 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 trend.

Bullish and Bearish Engulfing Candlesticks Patterns - MetaTrader 4 Gold Chart Patterns Tutorial XAUUSD Tutorial

Gold Candlestick Patterns PDF - Gold Candlestick Patterns Explained