How Do You Interpret Bearish Marubozu Candlestick?

A Bearish Marubozu candlesticks pattern is a candlestick which shows the opening xauusd price is also the high xauusd price & the closing xauusd price is also low xauusd price. Marubozu candlesticks patterns means there were no retracements & therefore shows that sellers were in total control of the xauusd price.

A bearish Marubozu xauusd candlesticks pattern is a continuation pattern which means that the next candle is likely to continue in same downwards gold trend direction.

Therefore, after a bearish Marubozu candlestick the xauusd price of gold should continue heading downward in the direction of the downwards xauusd trend.

Interpret Bearish Marubozu Candlestick Patterns Technical Analysis