Continuation Gold Candlestick Patterns - Marubozu XAUUSD Candlestick Pattern

Marubozu Candlesticks Gold Chart Patterns

Depending on the size and shape of a Gold candlestick it is possible to determine the strength of buyers or sellers. Likewise it is also possible to determine the underlying weakness of the buyers and sellers.

Marubozu XAUUSD Candlesticks Patterns

Marubozu XAUUSD Candlesticks Patterns - Candlesticks with long bodies show that there were a lot of buyers/sellers, depending on the color of the candlestick.

When gold price makes a huge move from the opening gold price to the closing gold price it shows the strength of buyers/sellers - Marubozu Gold Candlesticks Patterns.

Long Blue Candlesticks - Strength of Buyers

Long Red Candlesticks - Marubozu XAUUSD Candlesticks Patterns - Strength of Sellers

Long Body Candlesticks - Continuation Gold Candlestick Patterns. Marubozu Gold Candlestick Pattern - How to Trade Marubozu XAUUSD Candlesticks Patterns - How to Analyze Marubozu XAUUSD Candlesticks Pattern

Marubozu Gold Candlestick Patterns

Marubozu Gold Candlestick Patterns are long candlesticks that have no upper or lower shadows, Like the ones shown below.

Marubozu Candlesticks

Marubozu Gold Candlestick Patterns are continuation candlestick patterns that show gold price is going to continue in the same direction as that of the marubozu candlestick pattern. The marubozu candlestick pattern can be white/blue or Black/red depending on the direction of the gold trend.

XAUUSD Technical Analysis of Marubozu XAUUSD Candlesticks Patterns

White marubozu candlestick pattern- the open is also the low and the close is also the high.

Marubozu candlestick pattern means there were no retracements during that gold price period and therefore shows that buyers were in total control of the gold price.

White Marubozu candlestick pattern is a continuation candlestick pattern meaning that the next xauusd candlestick is likely to continue in the same upward xauusd trend direction.

Black marubozu candlestick pattern - the open of the Marubozu candlestick pattern is also the high - and the close is also low.

Marubozu candlestick pattern means there were no gold price retracements in the xauusd market and therefore shows that sellers were in total control of the xauusd price.

Black Marubozu candlestick pattern is a continuation candlesticks pattern meaning that the next xauusd candlestick is likely to continue in the same downward xauusd trend direction.