What are Gold Chart Patterns?

Chart patterns in gold trading are commonly occurring repeating patterns that form on xauusd trading price charts and these xauusd chart patterns are used to analyze the xauusd trading price movement so as to attempt to predict the next direction of xauusd trading price based on the study of these commonly repeating xauusd trading chart patterns.

What are the Common Gold Chart Patterns?

The common Gold Chart patterns are classified into Three different categories:

1. Reversal Gold Candlesticks Chart Patterns

• Double tops Gold Candle Chart Patterns

• Double bottom Gold Candle Chart Patterns

• Head and shoulders Gold Candle Chart Patterns

• Reverse head & shoulders Gold Candle Chart Patterns

2. Continuation Gold Candlesticks Chart Patterns

• Ascending triangle Gold Candle Chart Patterns

• Descending triangle Gold Candle Chart Patterns

• Bull flag/pennant Gold Candle Chart Patterns

• Bear flag/pennant Gold Candle Chart Patterns

3. Bilateral Gold Candlesticks Chart Patterns

• Symmetric triangle - Consolidation Gold Candle Chart Patterns

• Rectangle - Range Candle Chart Patterns

Candle Stick Chart Patterns Gold Trading