XAUUSD Candles Explained

Analyzing XAUUSD Technical Candles Patterns Signals - This xauusd candlesticks tutorial will show you how to analyze the various candlesticks patterns used in trading the gold market.

Learn the Basic of Analyzing Technical XAUUSD Candlesticks Patterns

Doji XAUUSD Candlesticks Described

Doji is a xauusd candles pattern with the same opening & closing gold price. There are various types of doji candlesticks pattern which form on XAUUSD charts.

following example show various patterns of the doji candle-stick:

Long-legged doji candles pattern has long upper & lower shadows with the opening and closing gold trading price at the middle. When Long-legged doji appears on a XAUUSD chart it indicates indecision between gold traders, buyers & sellers.

Below is an example screenshot image of the Long Legged Doji gold trading candlestick pattern

Doji Gold Pattern - Doji XAUUSD Candles Discussed

Doji Gold Pattern - Doji XAUUSD Candles Discussed

Marubozu XAUUSD Candlesticks Described

Marubozu xauusd candlesticks pattern are long candles that have no upper or lower shadows, Like illustrated & shown below.

Marubozu Candles - Marubozu XAUUSD Candles Discussed

Marubozu xauusd candles pattern are continuing xauusd candlestick patterns that show gold trading price is going to continue in same direction as that of marubozu candle. The marubozu candles pattern can be white/blue or black/red depending on the direction of the trend.

Spinning Tops Candles Gold Candles Discussed

Spinning tops xauusd candlesticks pattern have a small body with long upper & lower shadows. These spinning tops candles patterns are referred to by this name because these candles formations are similar to spinning tops on a match-stick.

The upper & lower shadows of the spinning tops xauusd candles pattern are longer than the body. Example illustrated & shown below shows the spinning tops candlesticks pattern. You can look for pattern in your MetaTrader 4 XAUUSD Platform xauusd charts. The example illustrated & shown below shows a screenshot to help traders when it comes to learning and understanding these gold trading candle sticks pattern.

How to Read XAUUSD Candlestick Charts - Spinning Tops XAUUSD Candles Discussed

Color of the spinning tops candle xauusd candlesticks pattern is not very important, this formation show the indecision between the buyers & sellers in XAUUSD market. When these xauusd patterns appear at the top of a xauusd trend or at the bottom of the xauusd trend it might signify that the xauusd trend is coming to an end and it might soon reverse & begin going the other direction. However, it's best to wait for confirmation trading signals that the direction of a xauusd has reversed before trading the signal from this xauusd candles pattern formation.

Hammer Candle Pattern & Hanging Man Candlestick Pattern XAUUSD Candles Discussed

Hammer Candlestick Pattern & Hanging Man Candle Pattern candlestick look alike but hammer is bullish reversal xauusd candlesticks pattern & hanging man is a bearish reversalgold trading candlesticks pattern.

Hammer Candle Pattern and Hanging Man Candle Pattern - XAUUSD Candles Discussed

Hammer Gold Candles Discussed

Hammer xauusd candlesticks pattern is a potentially bullish xauusd candle pattern which occurs during a xauusd downwards trend. It is named so because the xauusd market is hammering out a market bottom.

Hanging Man Gold Candles Discussed

This hanging man candlesticks pattern is a potentially bearish xauusd reversal trading signal which forms during a xauusd upwards trend. It's named so because it resembles a man hanging on a noose up high.

Hanging Man Candle Pattern

Inverted Hammer Gold Candles Discussed

This is a bullish reversal candlesticks pattern. It forms at the bottom of a XAUUSD trend.

Inverted hammer candles pattern occurs at bottom of a down xauusd trend & indicates the possibility of reversal of the downwards XAUUSD trend.

Inverted Hammer Candlestick Pattern - XAUUSD Candles Discussed

Shooting Star Gold Candles Discussed

Shooting Star is a bearish reversal candles pattern. It forms at the top of a gold trend.

Shooting Star xauusd candlesticks pattern occur at top of an up xauusd trend in the XAUUSD market where the open gold price is same as the low & gold price then rallied up but was pushed back downward to close near the open.

Shooting Star Candle-Stick - XAUUSD Candles Discussed

Piercing Line Gold Candles Discussed

Piercing line candle stick pattern is a long black body followed by a long white body candle-stick.

White body pierces the midpoint of the prior black body.

This Piercing Line xauusd candlesticks pattern is a bullish reversal candlesticks pattern that occurs at the bottom of a market downwards gold trend. It shows that the xauusd market opens lower and closes above the midpoint of the black body.

This Piercing Line xauusd candlesticks pattern shows that momentum of the down xauusd trend is reducing & the xauusd market xauusd trend is likely to reverse and move in an upward direction.

This Piercing Line xauusd candlesticks pattern is displayed referred to as a piercing line signifying the xauusd market is piercing the bottoms showing a market floor for the gold price downward trend.

Piercing Line Gold Candle Pattern - XAUUSD Candles Discussed

Dark Cloud Cover Gold Candles Discussed

Opposite of piercing candle xauusd candle.

This candlestick is a long white body followed by a long black body.

Black body pierces the mid point of the prior white body.

This is a bearish reversal xauusd pattern that forms at the tops of an upward gold trend.

Dark Cloud cover xauusd candlesticks pattern shows that the xauusd market opens higher and closes below the midpoint of the white body.

Dark Cloud cover xauusd candlesticks pattern shows that momentum of the up xauusd trend is reducing & the xauusd market xauusd trend is likely to reverse and move in a downward gold trading direction.

Dark Cloud cover xauusd candlesticks pattern is shown known as a cloud cover signifying the cloud as a ceiling for the gold price upward trend.

Dark Cloud Cover Candle Pattern

Morning Star Gold Candles Discussed

Morning Star Candlestick Pattern - XAUUSD Candles Discussed

Evening Star Gold Candles Discussed

Opposite of the morning star candlesticks pattern

Evening Star Candle Pattern - XAUUSD Candles Discussed

Engulfing Candles Patterns

Engulfing is a reversal candles pattern that can be bearish or bullish depending upon whether it appears at end of a xauusd market down xauusd trend or at the end of a gold market upwards trend.

Bullish and Bearish Engulfing Candlesticks Patterns - XAUUSD Candles Discussed

Analyze Gold Candle Pattern? - XAUUSD Candlesticks Patterns Discussed