How Do I Interpret Signal of a Consolidation Pattern?
How Do I Analyze XAUUSD Signal of a Consolidation Pattern?
When the consolidation patterns form the market is taking a pause before trying to decide the next direction to take - the next market move direction can be buy or sell.
The consolidation chart pattern forms when there's a tug of war between the buyers and the sellers and the market can't decide which side to move.
What Happens in Gold Trading After a Consolidation Pattern?
However, this consolidation pattern can't go on forever & the market eventually breaks-out in one side & forms a new trend.
The new trend can either be a down-wards trend or an up-ward trend.
Gold Price Break out Downward After Consolidation Pattern - Downwards Trend
Gold Price Break out Upward After Consolidation Pattern - Upward Trend
How Do I Read Trading Signal of a Consolidation Pattern?
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