Trading Reversal Chart Patterns & Continuation Chart Setup Patterns

Gold Patterns - Gold Analysis Patterns XAU USD Strategies

Gold chart patterns are graphical illustrations of repeating price action formations that are commonly used in the market.

Gold Patterns is one of the studies used in trading analysis to help traders learn how to recognize these repeating Patterns formations.

These Patterns are important in trade because when the market isn't heading and moving in a particular direction it is forming a pattern. It is important to know these Chart patterns so that to have an idea of what may be the next move in the market.

When price movements are drawn there are several Chart patterns that occur naturally and repeat themselves over and over again. These Chart patterns are used by a lot of technical traders to predict the next price move.

Traders often analyze these Chart patterns to measure supply & demand forces which form the basis for price fluctuations.

These Gold Setup Patterns are classified in to 3 different categories:

1. Reversal Patterns

• Double tops Gold Setup Patterns

• Double bottom Gold Patterns

• Head & shoulders Gold Setup Patterns

• Reverse head & shoulders Gold Patterns

2. Continuation Chart Setups Patterns

• Rising triangle Gold Setup Patterns

• Falling triangle Gold Setup Patterns

• Bull flag/pennant Gold Patterns

• Bear flag/pennant Gold Setup Patterns

3. Bilateral

• Symmetric triangle - Consolidation Setups Patterns

• Rectangle - Range XAUUSD Patterns

Reversal patterns - Gold Setup Patterns - confirm the reversal of the market trend once this reversal chart setup is confirmed. These Reversal Chart Patterns are formed after extended trend either upwards or downwards & these reversal trade patterns signal that the market is ready to reverse.

Continuation patterns Gold Setup Patterns - are formations which setup the market for a trend continuation move in direction of previous market trend. These Continuation Patterns form when the market is taking a pause prior to continuing in same direction of previous XAUUSD trend.

Consolidation patterns Gold Setup Patterns - form when the market is taking a pause before deciding next direction to head. When these Consolidation Patterns are formed - the market is trying to figure out what direction to trade.

Technical Chart Analysis of Setups

There are 2 types of chart analysis in trading, these 2 may seem similar but are not: the 2 are:

• Japanese Candlesticks - Study of a single candlestick - Read Japanese Candles Patterns

• Gold Patterns - Study of a series of candles formations

(This learn xauusd tutorial is about the second option above - Gold Setups Patterns)

The different topics for these 2 types xauusd analysis are:

Japanese Gold Candles

• 39. Marubozu Candlestick Pattern and Doji Candle Pattern

• 40. Spinning Tops Candlesticks Setup Patterns

• 41. Reversal Candlesticks Setup Patterns

• 42. Inverted Hammer Candle Pattern and Shooting Star Candles Setup Patterns

• 43. Piercing Line Candlestick Pattern & Dark Cloud Candles Setup Patterns

• 44. Morning Star Candle and Evening Star Candlestick Setup Patterns

Gold Setup Patterns Guides Courses

• 53. Double Top & Double Bottoms Setups

• 54. Continuation Chart Patterns

• 55. Consolidation Chart Patterns

• 56. Head and Shoulders Chart Setups and Reverse Head & Shoulders Setups

The examples displayed below also display the difference of the arrangements of these 2 technical analysis methods.

Candles - Study of a single candle

Gold Chart Patterns - Study of a series of trading candle s

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