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Evening Star Gold Candlestick Pattern

Morning Star Bullish XAUUSD Candlestick Patterns

Morning Star Candlestick

Morning Star Gold Candlestick Pattern - Morning Star Bullish XAU/USD Candlestick

Morning Star Candlestick

Morning Star Pattern

Morning star is a three day bullish reversal gold pattern.

The first day is a long black candlestick.

The second day is a morning star that gaps away from the long black candlestick.

Third day is a long white candlestick that fills the gap.

The filling of the gap and closing of the white candlestick above the gap is a strong bullish Gold signal.

Traders should open a buy gold trade after market xauusd price closes above the gap formation of the morning star. This is the confirmation signal of a buy gold signal generated by this Morning Star Candlestick pattern.

Evening Star Candlestick

Opposite of the morning star

Evening Star Candlestick xauusd Chart pattern - Evening Star Gold Candlestick Setup

Evening Star Candlestick

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Evening Star XAUUSD Candlestick Pattern

Evening star is a three day bearish reversal gold pattern.

The first day is a long white candlestick.

The second day is the evening star that gaps away from the long white candle.

Third day is a long black candlestick that fills the gap.

The filling of the gap and closing of the black candlestick below the gap is a strong bearish Gold signal.

Traders should open a sell gold trade once the xauusd market closes below the gap formation of the evening star. This is the confirmation signal of a sell gold signal generated by this Evening star candlestick pattern.

Engulfing Pattern

Engulfing is a reversal candlestick pattern that can be bearish or bullish depending upon whether it appears at the end of a market down gold trend or at the end of a market upward xauusd trend.

Engulfing XAUUSD Candlestick Setup on XAUUSD Chart - Morning Star Bullish Gold Candlestick - Evening Star Gold Candlestick Trading Setup

Bullish and Bearish Engulfing Pattern

Bullish and Bearish Engulfing Patterns

The color of the first candlestick indicates the gold trend of the day.

The second candlestick should completely engulf the first candlestick and it should have the opposite color.

For Bullish Engulfing the color of the candlestick should be Blue

For Bearish Engulfing the color of the candlestick should be Red

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