What Patterns are used?

Most Traders use the patterns to try and find the direction of the trend.

There are Three main categories of chart patterns - Continuation Patterns, Consolidation Patterns & Reversal Patterns.

Under each category there are other patterns & each of these have different types of chart analysis.

The most common gold patterns used in gold trading are:

Continuation Patterns

Ascending Triangle Patterns

Descending Triangle Patterns

Bull Flag Patterns

Bear Flag Pattern Setups

Consolidation XAUUSD Patterns

Consolidation Pattern Setups

Reversal Setups

Double Top Patterns

Double Bottom Gold Patterns

Head and Shoulders Gold Patterns

Reverse Head & Shoulders Gold Patterns

What Patterns are used in Gold Trading? - The Nine Different XAUUSD Patterns with Examples

Study More Lessons:

• Introduction To XAU USD
• Whipsaws When Gold with MACD Indicator: How to Avoid Different Types of Fake Out XAU USD Signals
• Tutorial of How to Understand Double Bottoms Chart Pattern in Trade
• How to Use MetaTrader 4 XAUUSD Platform Software Userguide
• How Can I Trade MetaTrader 4 Downwards Gold Trend Line in MT4 Software?
• How to Use XAUUSD Sell Limit Order on MetaTrader 5