How Do I Interpret the Many Patterns that are Used?
How to Interpret the Many Patterns that are Used in XAUUSD Trading
Most Traders use the chart patterns to try and find the direction of the trend.
There are 3 main categories of patterns - Continuation Chart Patterns, Consolidation Chart Patterns & Reversal Patterns.
Under every category there are other chart patterns & each of these have different types of chart analysis.
Most common patterns used in gold trading are:
Continuation Patterns
Consolidation Patterns
Reversal Setups
Reverse Head & Shoulders Patterns
What Patterns are used in Gold Trading? - The 9 Different Chart Patterns with Trading Example
How Do I Read the Many Patterns that are Used in Gold Trading
Study More Topics & Lessons:
- How Do You Trade Fib Expansion Levels in Gold Charts?
- How to Read XAU/USD Chart Data from MetaTrader 4 Gold Chart Data Window
- MT4 Gold Indicators Insert Menu on MT4 Insert Menu Options
- MT5 Gold Margin Level Calculator
- Ehlers Laguerre Relative Strength Index Trading Indicator Trading Analysis
- Transforming Your Psychology Mindset in Gold To Improve Your Gold Results
- Gold Money Management Strategies Tutorial Course
