List of Gold Candles Patterns Explained

The List of all XAUUSD Candlestick Patterns - Types of XAUUSD Candlestick Patterns Guide

The List of xauusd candlesticks patterns used to trade Gold Trading - The top ten most oftenly used xauusd candle-sticks patterns used to trade the online xauusd market.

List of Gold Candlestick Patterns Explained

Doji is a gold candlestick pattern with same opening and closing xauusd price. There are various types of doji candlesticks pattern that form on Gold charts.

following examples explain various patterns of the doji candle:

Long-legged doji candle pattern has long upper & lower shadows with the opening & closing xauusd trading price at the middle. When the Long-legged doji pops up on a Gold chart it indicates indecision between xauusd traders, buyers & sellers.

Below is example screen shot image of the Long Legged Doji xauusd trading candles pattern

Doji XAUUSD Chart Pattern - Doji Types of Gold Candles - List of Candlestick Patterns Discussed

Doji XAUUSD Chart Pattern - Doji Types of Gold Candles

List of Gold Candlestick Patterns Explained

Marubozu xauusd candle-stick pattern are long candlesticks that have no upper or lower shadows, Like shown and illustrated below.

Marubozu Candles - Marubozu Types of Gold Candles - List of Candlestick Patterns Discussed

Marubozu gold candlestick pattern are continuing gold candlestick patterns that show xauusd price is going to continue in same direction as that of the marubozu candlestick. The marubozu candles pattern can be white/blue or black/red depending on direction of the trend.

Spinning Tops Candlesticks Types of XAUUSD Candlesticks

Spinning tops gold candlestick pattern have a small body with long upper and lower shadows. These spinning top candles patterns are referred to by this name because these candles formations are similar to spinning tops on a match-stick.

The upper & lower shadows of the spinning tops xauusd candles pattern are longer than the body. The examples illustrated & explained below shows the spinning tops candle pattern. You can look for the pattern in your MetaTrader 4 Gold Trading Platform gold charts. The examples illustrated & explained below shows a screenshot to help traders when it comes to learning & understanding these gold candlestick pattern.

How to Read Gold Candlestick Charts - Spinning Tops Types of Gold Candles - List of Candlestick Patterns Discussed

Color of the spinning tops candle xauusd candlesticks pattern isn't very important, this pattern explain the indecision between 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 may trading signal that the trend is coming to an end and it may soon reverse and begin going the other direction. However, it is better to wait for confirmation signals that the direction of a gold has reversed before trading the signal from this gold candle pattern formation.

Hammer Candle Pattern & Hanging Man XAUUSD Candlestick Types of XAUUSD Candlesticks

Hammer Candlestick Pattern & Hanging Man Candle Pattern candles look alike but hammer is bullish reversal gold candle-stick pattern & hanging man is a bearish reversal gold candlestick pattern.

Hammer Candle Pattern & Hanging Man Candle Pattern - Types of Gold Candles

Hammer Candle Types of XAUUSD Candlesticks

Hammer gold candlestick pattern is a potentially bullish gold candlestick pattern which forms during a downwards xauusd trend. It is named so because the xauusd market is hammering out a market bottom.

Hanging Man Candlestick Types of XAUUSD Candlesticks

This hanging man candlestick pattern is a potentially bearish gold trading reversal trading signal which occurs during a upwards xauusd trend. It is named so because it looks like a man hanging on a noose up high.

Hanging Man Candle Pattern

Inverted Hammer Candlestick Types of XAUUSD Candlesticks

This is a bullish reversal candle pattern. It forms at the bottom of a Gold trend.

Inverted hammer candlestick pattern forms at the bottom of a down gold trend & indicates the possibility of reversal of the downwards xauusd trend.

Inverted Hammer Candlestick Pattern - Types of Gold Candles - List of Candlestick Patterns Discussed

Shooting Star Candle Types of XAUUSD Candlesticks

Shooting Star is a bearish reversal candlestick pattern. It occurs at the tops of a xauusd trend.

Shooting Star gold candlestick pattern form at the top of an up gold trend in the xauusd market where the open xauusd price is same as the low & xauusd price then rallied up but was pushed back downward to close near the open.

Shooting Star Candlestick - Types of Gold Candles

Piercing Line Candle Types of XAUUSD Candlesticks

Piercing line candlestick pattern is a long black body followed by a long white body candlestick.

The white body pierces the mid point of the prior black body.

This Piercing Line gold candle-stick pattern is a bullish reversal candle pattern that forms at the bottom of a market downwards xauusd trend. It shows that the xauusd market opens lower & closes above the midpoint of the black body.

This Piercing Line gold candlestick pattern shows that the momentum of the down gold trend is reducing & the xauusd market trend is likely to reverse & move in an upwards direction.

This Piercing Line gold candlestick pattern is shown referred to as a piercing line signifying the xauusd market is piercing the bottoms showing a market floor for the xauusd price downwards trend.

Piercing Line XAUUSD Candlestick Pattern - Types of Gold Candles

Dark Cloud Cover Candle Types of XAUUSD Candlesticks

Opposite of piercing candle xauusd candle.

This candle is a long white body followed by a long black body.

Black body pierces the midpoint of the prior white body.

This is a bearish reversal gold pattern which forms at the top of an upward xauusd trend.

Dark Cloud cover gold candlestick pattern that the xauusd market opens higher & closes below the midpoint of the white body.

Dark Cloud cover gold candle-stick pattern shows that the momentum of the up gold trend is reducing & the xauusd market trend is likely to reverse & move in a downward gold trading direction.

Dark Cloud cover gold candle-stick pattern is shown known as a cloud cover signifying the cloud as a ceiling for the xauusd price upward trend.

Dark Cloud Cover Candle Pattern

Morning Star Candle Types of XAUUSD Candlesticks

Morning Star Candlestick Pattern - Types of Gold Candles

Evening Star Candle Types of XAUUSD Candlesticks

Opposite of the morning star candlestick pattern

Evening Star Candle Pattern - Types of Gold Candles

Types of XAUUSD Candlesticks

Engulfing is a reversal candle pattern that can be bearish or bullish depending upon whether it shows up at the end of a gold market down gold trend or at the end of a xauusd market upwards trend.

Bullish and Bearish Engulfing Candlesticks Patterns - Types of Gold Candles

XAUUSD Candle Patterns Tutorial - XAUUSD Candlestick Patterns Guide

The List of all XAUUSD Candlestick Patterns - Types of XAUUSD Candle Patterns Tutorial