What Happens in Gold After a Reversal Doji Candle Pattern?

This reversal doji candle pattern appears at market turning points and warns of a possible price trend direction reversal in the Trading market trend. Below is an example of this reversal doji candle pattern setup formation

Doji is a candlestick pattern setup formation with the same opening and closing price. There are different types of doji candle patterns that are formed on charts.

A doji candle is where the price for a given time period closes almost at the same price. Doji candlesticks look like a cross, inverted cross or a + mathematical sign.

This reversal doji candle pattern appears at market turning points & warns of a possible price trend direction reversal in the market. Below is an example of this reversal doji candlestick pattern

What Happens After a Trading Reversal Doji Candle Setup?

What Happens in Gold After a Reversal Doji Candle Pattern?

Analysis of Doji Candlestick Pattern - All doji candlesticks pattern setup formation explain indecision in the Trading market this is because at the top the buyers were in control, at the bottom the sellers were in control but none of them could gain control & at the close of the market the price closed unchanged at the same price as opening price.

This doji candlestick pattern setup formation shows that the over-all price movement for that particular day was 0 pips or just a minimum range of 1 to 3 pips. Reading these candles setups requires very small pip(point) movement between opening price and closing price.

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What Happens in Gold After a Reversal Doji Candle Pattern?