XAUUSD Candlestick Patterns Tutorial with Gold Trading Examples
Gold Candlesticks - these candlesticks use the same xauusd price data as bar gold charts (open, high, low, and close). However, these candlesticks resembles a candle with wicks on both ends as opposed to bar gold charts that resembles bars.
How to Interpret Candlesticks Patterns
The rectangle part of a gold candlestick is called the body.
The high and low of the candlestick are described as shadows and drawn as poking lines.
XAUUSD Candlestick Patterns Tutorial with Examples PDF
The color of the candlestick is either blue or red
- (Blue or Green Color) - Gold Prices moved up
- (Red Color) - Gold Prices moved down
Most gold trading platforms like the MT4 gold trading platform, use colors to mark the direction. colors used are blue or green - green color candlesticks; when xauusd price moves up, red color candlesticks; when xauusd price moves down.
XAUUSD Candlestick Patterns Tutorial with Examples PDF
XAUUSD Candlestick Patterns Tutorial with XAUUSD Trading Examples
Doji XAUUSD Candlestick Patterns Tutorial with Examples PDF
This is a gold candle pattern with the same opening and closing gold price. There are various types of doji xauusd candlesticks pattern that form on Gold charts.
The following examples show various patterns of the doji xauusd candlestick:
Long-legged doji gold candle pattern has long upper and lower shadows with the opening and closing xauusd price at the middle. When the Long-legged doji appears on a Gold Trading chart it indicates indecision between xauusd traders, the buyers and the sellers.
Below is an example screenshot image of the Long Legged Doji xauusd candlesticks pattern
Doji XAUUSD Chart Pattern - Doji XAUUSD Candlestick Patterns Tutorial with Examples PDF
Doji XAUUSD Chart Pattern - Doji XAUUSD Candlestick Patterns Tutorial with Examples PDF
Marubozu XAUUSD Candlestick Patterns Tutorial with Examples PDF
Marubozu gold candle pattern are long candlesticks that have no upper or lower shadows, Like the ones shown below.
Marubozu Candlesticks - Marubozu XAUUSD Candlestick Patterns Tutorial with Examples PDF
Marubozu gold candle pattern are continuing gold candlestick patterns that show xauusd 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 xauusd trend.
Spinning Tops Candlesticks XAUUSD Candlestick Patterns Tutorial with Examples PDF
Spinning tops gold 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 illustrated and explained below shows the spinning tops gold candle pattern. You can look for the pattern in your MT4 Gold Trading Platform gold charts. The example illustrated and explained below shows a screenshot to help traders when it comes to learning and understanding these gold candle pattern.
How to Read Gold Candlestick Charts - Spinning Tops XAUUSD Candlestick Patterns Tutorial 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 Gold Trading market. When these xauusd chart patterns appear at the top of a gold trend or at the bottom of the gold trend it might signal that the gold 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 gold trading signals that the direction of a gold has reversed before trading the signal from this gold candle pattern formation.
Hammer XAUUSD Candlestick Pattern and Hanging Man XAUUSD XAUUSD Candlestick Patterns Tutorial with Examples PDF
Hammer Gold Candlestick Pattern and Hanging Man XAUUSD Candlestick Pattern candlesticks look alike but hammer is bullish reversal gold candle pattern and hanging man is a bearish reversal gold candle pattern.
Hammer Gold Candlestick Pattern and Hanging Man XAUUSD Candlestick Pattern - XAUUSD Candlestick Patterns Tutorial with Examples PDF
Hammer XAUUSD Candlestick Patterns Tutorial with Examples PDF
Hammer gold candle pattern is a potentially bullish gold candlestick pattern that occurs during a gold downward xauusd trend. It is named so because the xauusd market is hammering out a market bottom.
Hanging Man XAUUSD Candlestick Patterns Tutorial with Examples PDF
This hanging man gold candle pattern is a potentially bearish gold trading reversal signal that occurs during a gold upward xauusd trend. It is named so because it resembles a man hanging on a noose up high.
Hanging Man XAUUSD Candlestick Pattern
Inverted Hammer XAUUSD Candlestick Patterns Tutorial with Examples PDF
This is a bullish reversal gold candle pattern. It occurs at the bottom of a Gold trend.
Inverted hammer gold candle pattern occurs at the bottom of a down gold trend and indicates the possibility of reversal of the downward xauusd trend.
Inverted Hammer XAUUSD Candlestick Pattern - XAUUSD Candlestick Patterns Tutorial with Examples PDF
Shooting Star XAUUSD Candlestick Patterns Tutorial with Examples PDF
Shooting Star is a bearish reversal gold candle pattern. It occurs at the top of a xauusd trend.
Shooting Star gold candle pattern occur at the top of an up gold trend in the xauusd market where the open xauusd price is the same as the low and xauusd price then rallied up but was pushed back down to close near the open.
Shooting Star Candlestick - XAUUSD Candlestick Patterns Tutorial with Examples PDF
Piercing Line XAUUSD Candlestick Patterns Tutorial 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 gold candle pattern is a bullish reversal gold candle pattern that forms at the bottom of a market downward xauusd trend. It shows that the xauusd market opens lower and closes above the midpoint of the black body.
This Piercing Line gold candle pattern shows that the momentum of the down gold trend is reducing and the xauusd market trend is likely to reverse and move in an upward direction.
This Piercing Line gold candle pattern is shown known as a piercing line signifying the xauusd market is piercing the bottom showing a market floor for the xauusd price downward xauusd trend.
Piercing Line XAUUSD Candlestick Pattern - XAUUSD Candlestick Patterns Tutorial with Examples PDF
Dark Cloud Cover XAUUSD Candlestick Patterns Tutorial 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 gold pattern that forms at the top of an upward xauusd trend.
Dark Cloud cover gold candle pattern that the xauusd market opens higher and closes below the midpoint of the white body.
Dark Cloud cover gold candle pattern shows that the momentum of the up gold trend is reducing and the xauusd market trend is likely to reverse and move in a downward gold trading direction.
Dark Cloud cover gold candle pattern is shown known as a cloud cover signifying the cloud as a ceiling for the xauusd price upward xauusd trend.
Dark Cloud Cover XAUUSD Candlestick Pattern
Morning Star XAUUSD Candlestick Patterns Tutorial with Examples PDF
Morning Star XAUUSD Candlestick Pattern - XAUUSD Candlestick Patterns Tutorial with Examples PDF
Evening Star XAUUSD Candlestick Patterns Tutorial with Examples PDF
Opposite of the morning star xauusd candlesticks pattern
Evening Star XAUUSD Candlestick Pattern - XAUUSD Candlestick Patterns Tutorial with Gold Trading Examples - Candlestick Guide
Engulfing XAUUSD Candlesticks Patterns
Engulfing is a reversal gold candle pattern that can be bearish or bullish depending upon whether it appears at the end of a gold market down gold trend or at the end of a gold market upward trend.
Bullish and Bearish Engulfing Gold Candlesticks Patterns - XAUUSD Candlestick Patterns Tutorial with Examples PDF
XAUUSD Candlestick Patterns Tutorial - XAUUSD Candlestick Patterns Tutorial PDF
