What Happens in Gold Trading after a Bullish Marubozu Candlestick?

A Bullish Marubozu candlesticks pattern is a candlestick which shows the opening xauusd price is also the low xauusd price & the closing xauusd price is also the high xauusd price. Marubozu xauusd candles patterns means there were no retracements during that xauusd price period & this shows that buyers were in total control of the xauusd price.

A bullish Marubozu candlesticks pattern is a continuation candlesticks pattern which means that the next candlestick is likely to continue in same upwards gold trend direction.

Therefore, after a bullish Marubozu candlestick the xauusd price on a gold chart should continue heading upwards in the direction of the upwards trend.

Marubozu Candles Patterns - What Happens in Gold Trading after a Bullish Marubozu Candlestick?