Types of Candlesticks and Their Meaning in Gold Trading
Candle Setups Indicator
The List of Japanese Candlestick Setups Indicator Free Download Lesson - Types of Candlestick Patterns Example
The List of candles setup trading strategies used to trade Gold - The top ten most oftenly used gold candles setup trading strategies used to trade the online xauusd market.
Doji Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Doji is a candlestick pattern with the same opening and closing price. There are various types of doji candlesticks setup which form on charts.
following example explain different patterns of the doji candle:
Long-legged doji Candlestick Setup Strategy has long upper and lower shadows with opening and closing price at the middle. When Long legged doji pops and shows up on a chart it indicates indecision between the xauusd traders, buyers & the sellers(bears).
Shown Below is an illustration of the Long Legged Doji xauusd candlesticks setup

Doji Candlestick Pattern - Doji Japanese Candle Setups XAU USD Lesson with Examples - Gold Types of Candles in Gold Trading

Doji Candlestick Pattern - Doji Japanese Candlestick Setups XAU USD Lesson with Examples - Gold Types of Candles in Gold Trading
Marubozu Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Marubozu Candlestick Setup Strategy are long candles that have no upper or lower shadows, Like shown below.

Marubozu Candlesticks Pattern - Marubozu Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Marubozu Candle Setup Trade Strategy are continuing candlestick patterns which show xauusd price is going to continue in same direction as that of the marubozu candlestick. Marubozu candlesticks setup can be white/blue or Black/red depending in direction of price trend.
Spinning Tops Candlesticks Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Spinning tops Candlestick Setup Strategy have small body with long upper and lower shadows. These spinning tops candlesticks setup trade strategies are referred to by this term because they are similar to spinning tops on a matchstick.
The upper and lower shadows of the spinning tops candlesticks setup are longer than the body. Examples illustrated and shown & explained below portrays the spinning top Candlestick Setup Trade Method. You can look for the pattern on your MT4 charts. Examples illustrated and shown & described below illustrates a image to help the Gold traders when it comes to learning & understanding these Candlestick Setup Trade Strategy.

How Do You Read Candle Charts - Spinning Tops Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Colour of the spinning tops candle-stick candlesticks setup isn't very important, this pattern show the indecision between the buyers and the sellers(bears) in market. When these gold patterns appear at the top of a market trend or at the bottom of the trend it might the price trend is coming to an end and it might soon reverse and start heading in the other direction. However, it's better to wait for additional confirmation trading signals that the direction of a market has turned and reversed before trading the trading signal from the Candlestick Setup Strategy formation.
Hammer Candlestick Setup & Hanging Man XAUUSD Candlestick Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Hammer Candle Pattern and Hanging Man Candle Setup candles look alike and similar but hammer is bullish reversal Candlestick Setup Trade Strategy and hanging man is a bearish reversal Candlestick Setup Trade Strategy.

Hammer Candle Setup & Hanging Man Candles Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Hammer Candlestick Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Hammer Candle Pattern is a potentially bullish candle setup that forms during a downwards xauusd gold trend. It's named and called so because the xauusd market is hammering a market bottom.
Hanging Man Candle Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
This hanging man Candlestick Setup Method is a potentially bearish trading reversal signal which occurs and forms during a upwards xauusd gold trend. It's named and called so because it looks like a man hanging and dangling on a noose up high.

Hanging Man Candle Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Inverted Hammer Candle Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
This is a bullish reversal Candle Setup Trade Strategy. It occurs at the bottom of a market trend.
Inverted hammer XAUUSD Candle Setup occurs at the bottom of a down-wards trend and reflects possibility of reversal of the downward xauusd gold trend.

Inverted Hammer Candle Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Shooting Star Candle Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Shooting Star Candle is a bearish reversal Candle Setup Strategy. It occurs at the top of a xauusd trend.
Shooting Star Candle Pattern form at the top of an upward trend in the xauusd market where the open xauusd gold price is same as the low and xauusd gold price then rallied upward but was pushed and forced back downwards to close near the open.

Shooting Star Candle - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Piercing Line Candle Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Piercing line candlestick pattern strategy is a long black body followed by long white body candlestick.
The white body pierces the midpoint of the prior black body.
This Piercing Line Candle Setup Trade Strategy is a bullish reversal Candle Setup Strategy that forms at the bottom of a market downwards xauusd trend. It shows the xauusd market opens lower and closes above the mid-point of the black body.
This Piercing Line Candle Setup Strategy shows that the force of the downward trend is reducing/decreasing and the gold trend is likely to reverse & move in an upward direction.
This Piercing Line Candle Setup Trade Strategy is shown referred to as a piercing line signaling the gold market is piercing the bottoms illustrating a market floor for the gold price downwards trend.

Piercing Line XAUUSD Candle Setup - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Dark Cloud Cover Candle Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Opposite of piercing candlestick gold candle.
This candlestick is a long white body followed by a long black body.
Black body pierces the mid-point of the prior white body.
This is a bearish reversal pattern trading strategy that occurs at the top of an upward xauusd trend.
Dark Cloud Cover Candle Pattern the xauusd market opens higher & closes below the midpoint of the white body.
Dark Cloud Cover Candle Setup Strategy shows that the force of the upward trend is reducing/decreasing and the gold trend is likely to reverse & move in a downwards trade direction.
Dark Cloud Cover Candle Setup Trade Strategy is shown known as a cloud cover signaling the cloud as a ceiling for the gold price up-wards trend.

Dark Cloud Candlestick Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Morning Star Candle Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples

Morning Star Candle Setup - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Evening Star Candlestick Japanese Candlestick Setups XAU USD Lesson with XAUUSD Examples
Opposite of morning star candles setup

Evening Star Candlestick Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Engulfing Candle Setups
Engulfing is a reversal Candle Setup Strategy that can be bearish or bullish depending upon whether if it appears at the end of a market downwards trend or at the end of a xauusd market upwards trend.

Bullish and Bearish Engulfing Candlestick Setups - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading
Types of Candlesticks and Their Meaning in Trade - Types of Candlesticks Meaning - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold - Candle Setups Indicator - Japanese Candlestick Setups Indicator Free Download Guide Lesson
Learn More Tutorials & Topics:
- How to Back Test Automated Expert Advisor Bots
- Moving Averages Cross-over Method Gold Analysis
- Types of Oscillator Gold Indicator Technical
- Money Management Styles and Methods in Gold XAUUSD
- How to Add Bulls Power XAUUSD Technical Indicator on Chart in MetaTrader 4 Platform
- Technical Analysis Momentum Indicator Buy FX Signal


