Trade Gold Trading

Definition of Reversal Metal Chart Patterns

Reversal Metal Patterns confirm the reversal of the metal market trend once this reversal metal pattern setup is confirmed.

These reversal metal chart patterns are formed after extended metals market trend either upward or downwards and these reversal metal chart patterns signal that the metal market trend is ready to reverse.

1. Reversal Metal Chart Patterns

  • Double Top Reversal Metals Chart Patterns

  • Double Bottom Reversal Metals Chart Patterns

  • Head & Shoulders Reversal Metals Chart Patterns

  • Reverse Head and Shoulders Reversal Metals Chart Patterns

Double Tops

Double tops metal chart pattern is a reversal metal pattern that forms after an extended upwards metal trend. As its name implies, this formation is made up of 2 consecutive peaks which are roughly equal, with a moderate trough between.

Summary:

  • Double tops metals pattern forms after an extended move upwards
  • Double tops metal pattern formation indicates that there will be a reversal in metal market
  • We sell when metals price breaks below the neck line: see below for explanation.

Metals Trading Described

Example of Double Tops Reversal Metals Chart Pattern on a Metals Chart

Double Bottom

Double bottom metal chart pattern is a reversal metal pattern that forms after an extended downwards metal trend. It is made up of 2 consecutive troughs which are roughly equal, with a moderate peak between.

Summary:

  • Double bottoms metal chart pattern forms after an extended move downwards
  • Double bottoms metal pattern formation indicates that there will be a reversal in metal market
  • We buy when metals price breaks above the neck line: see below for explanation.

Metals Trading Explanation

Example of Double Bottoms Reversal Metals Chart Pattern on a Metals Chart

Head and Shoulders Metals Trading Pattern

Head & Shoulders metal chart pattern is a reversal metal chart pattern that forms after an extended Metals Trading upwards metal trend. It's made up of three consecutive peaks, the left shoulder, the head and right shoulder with two moderate troughs between the shoulders.

Summary:

  • Head and Shoulders metals pattern forms after an extended move upwards
  • Head and Shoulders metal pattern formation indicates that there will be a reversal in metal market
  • Head and Shoulders metals pattern formation resembles head with shoulders thus its name.
  • To draw the neckline we use chart point 1 & point 2 as displayed below. We also extend this line in both directions.
  • We sell when metals price breaks below the neck line: see the chart below for explanation.

Metals Trading Explanation

Example of Head & Shoulders Reversal Metals Chart Pattern on a Metals Chart

Reverse Head & Shoulders Metals Trading Pattern

Reverse Head and Shoulders metal pattern is a reversal head & shoulders metal chart pattern that forms after an extended Metals Trading downwards metal trend. It resembles an upside down head shoulders.

Summary:

  • Reverse Head & Shoulders metal chart pattern forms after an extended move downwards
  • Reverse Head & Shoulders metal pattern formation indicates that there will be a reversal in metal market
  • Reverse Head & Shoulders metals pattern formation resembles upside-down, thus the name Reverse.
  • We buy when metals price breaks above the neck line: see the chart below for explanation.

Metals Trading Explanation

Example of Reverse Head and Shoulders Reversal Metals Chart Pattern on a Metals Chart

Reversal Metal Patterns Tutorials

Double Top Metal Patterns and Double Bottoms Metals Chart Patterns

Head and shoulders Metal Patterns & Reverse Head & Shoulders Metal Chart Patterns

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