How Many Candlesticks Patterns are There in Gold?
Top 10 Candles Patterns in XAUUSD and their Technical Analysis:
How Do I Interpret Japanese Candles Patterns? - How to Read Japanese Candles Patterns - Trading XAUUSD Study Gold Candlesticks?
Below is a beginner traders guide on how to read & interpret gold candlestick patterns:
Doji MT4 Gold Candlestick Pattern Recognition Gold Tutorial
This is a xauusd candles pattern with the same opening & closing gold price. There are various types of doji candlesticks pattern which form on XAUUSD charts.
following example show various patterns of the doji candlestick:
Long-legged doji candles pattern has long upper & lower shadows with opening and closing gold price at the middle. When Long legged doji appears on a xauusd chart it signals indecision between gold traders, the buyers & sellers.
Below is an example screen shot of the Long Legged Doji gold trading candles pattern
Doji Gold Pattern - Doji MetaTrader 4 Gold Charts XAUUSD Tutorial
Doji Gold Pattern - Doji MetaTrader 4 XAUUSD Candlestick Pattern Recognition XAUUSD Tutorial
Marubozu MT4 Gold Charts Described XAUUSD Tutorial
Marubozu xauusd candlesticks pattern are long candlesticks that have no upper or lower shadows, Like illustrated and shown below.
Marubozu Candles - Marubozu MT4 Gold Charts Described XAUUSD Tutorial
Marubozu xauusd candle sticks pattern are continuing xauusd candlestick patterns which show gold price is going to continue in the same direction as that of marubozu candle-stick. The marubozu candlesticks pattern can be white/blue or black/red depending on the direction of the trend.
Spinning Tops Candlesticks MetaTrader 4 Gold Charts Described XAUUSD Tutorial
Spinning tops xauusd candlesticks pattern have a small body with long upper & lower shadows. These spinning tops candles patterns are referred to by this name because these candlesticks arrangements are similar to spinning top on a match-stick.
The upper and lower shadows of the spinning tops xauusd candles pattern are longer than the body. Example illustrated & shown below shows the spinning top candles pattern. You can look for the pattern in your MT4 XAUUSD Platform xauusd charts. Example illustrated and shown below shows a screen-shot to help traders when it comes to learning & understanding these gold candlesticks pattern.
How to Read XAUUSD Candlestick Charts - Spinning Tops MetaTrader 4 Gold Charts Described XAUUSD Tutorial
Color of the spinning top candlestick xauusd candlesticks pattern isn't very important, this pattern show the indecision between the buyers and sellers in the XAUUSD market. When these xauusd 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's best to wait for confirmation trading 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 Candle Pattern MT4 XAUUSD Candle Pattern Recognition XAUUSD Guide
Hammer Candle Pattern & 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 & Hanging Man Candlestick Pattern - MetaTrader 4 Gold Charts Described XAUUSD Tutorial
Hammer Candlestick MT4 Gold Charts Described XAUUSD Tutorial
Hammer xauusd candles pattern is a potentially bullish xauusd candle pattern which occurs during a xauusd downwards trend. It is named so because the xauusd market is hammering out a market bottoms.
Hanging Man Candlestick MT4 Gold Charts Described XAUUSD Tutorial
This hanging man candles pattern is a potentially bearish xauusd reversal signal which forms during a xauusd upwards trend. It's named so because it looks like a man hanging on a noose up high.
Hanging Man Candlestick Pattern
Inverted Hammer Candle MT4 Gold Charts Described XAUUSD Tutorial
This is a bullish reversal candles pattern. It forms at the bottoms of a XAUUSD trend.
Inverted hammer candlesticks pattern forms at the bottoms of a down xauusd trend & signals the possibility of reversal of the downwards XAUUSD trend.
Inverted Hammer Candlestick Pattern - MetaTrader 4 Gold Charts XAUUSD Tutorial
Shooting Star Candlestick MT4 Gold Charts Described XAUUSD Tutorial
Shooting Star is a bearish reversal candles pattern. It forms at the top of a gold trend.
Shooting Star xauusd candles 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 & gold price then rallied up but was pushed back down to close near the open.
Shooting Star Candle-Stick - MetaTrader 4 Gold Charts Described XAUUSD Tutorial
Piercing Line Candle MT4 Gold Charts Described XAUUSD Tutorial
Piercing line candle-stick pattern is a long black body followed by a long white body candlestick.
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 & closes above the midpoint of the black body.
This Piercing Line xauusd candle sticks pattern shows that momentum of the down xauusd trend is reducing & the xauusd market xauusd trend is likely to reverse & move in an upwards direction.
This Piercing Line xauusd candles pattern is displayed 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 Candle Pattern - MetaTrader 4 Gold Charts Described XAUUSD Tutorial
Dark Cloud Cover Candlestick MT4 Gold Charts Described XAUUSD Tutorial
Opposite of piercing candle-stick xauusd candlestick.
This candle is a long white body followed by a long black body.
The black body pierces the mid point of the prior white body.
This is a bearish reversal xauusd pattern which forms at the tops of an upward gold trend.
Dark Cloud cover xauusd candlesticks pattern shows that the xauusd market opens higher & closes below the midpoint of the white body.
Dark Cloud cover xauusd candle-sticks pattern shows that momentum of the up xauusd trend is reducing & the xauusd market xauusd trend is likely to reverse & move in a downwards 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 upwards trend.
Dark Cloud Cover Candle Pattern
Morning Star Candle MT4 XAUUSD Candle Pattern Recognition XAUUSD Guide
Morning Star Candlestick Pattern - MetaTrader 4 Gold Charts Described XAUUSD Tutorial
Evening Star Candlestick MT4 Gold Charts Described XAUUSD Tutorial
Opposite of morning star candles pattern
Evening Star Candlestick Pattern - MetaTrader 4 Gold Charts Described XAUUSD Tutorial
Engulfing Candles Patterns
Engulfing is a reversal candles pattern which can be bearish or bullish depending upon whether it shows up at the end of a xauusd market down xauusd trend or at the end of a gold market upwards trend.
Bullish and Bearish Engulfing Candlesticks Patterns - MetaTrader 4 Gold Charts Described XAUUSD Tutorial
Gold Candle Patterns PDF - Gold Candle Patterns Explained
