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Evening Star XAUUSD Candlestick Pattern


Morning Star Bullish Gold Candlestick Patterns


Morning Star Candlestick

How to Interpret Morning Star XAUUSD Candlestick Patterns - Morning Star XAUUSD Candlesticks Pattern - Morning Star Bullish XAUUSD Candlesticks Patterns - Evening Star XAUUSD Candlesticks Pattern

Morning Star Candlestick


Morning Star Pattern

Morning star is a three day bullish reversal xauusd pattern.


The first day is a long black candlestick.


The second day is a morning star that gaps away from the long black candlestick.


Third day is a long white candlestick that fills the gap.


The filling of the gap and closing of the white candlestick above the gap is a strong bullish XAUUSD Trading signal.


Traders should open a buy xauusd trade after market gold price closes above the gap formation of the morning star. This is the confirmation signal of a buy xauusd signal generated by this Morning Star Candlestick pattern.



Evening Star Candlestick

Opposite of the morning star

How to Interpret Evening Star Candlestick xauusd chart pattern - Morning Star XAUUSD Candlestick Pattern - Morning Star Bullish XAUUSD Candlestick Patterns - Evening Star XAUUSD Candle Patterns Explained

Evening Star Candlestick



Evening Star XAUUSD Candlestick Pattern

Evening star is a three day bearish reversal xauusd pattern.


The first day is a long white candlestick.


The second day is the evening star that gaps away from the long white candle.


Third day is a long black candlestick that fills the gap.


The filling of the gap and closing of the black candlestick below the gap is a strong bearish XAUUSD Trading signal.


Traders should open a sell xauusd trade once the xauusd market closes below the gap formation of the evening star. This is the confirmation signal of a sell xauusd signal generated by this Evening star candlestick pattern.



Engulfing Pattern

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

How to Trade Engulfing Gold Candlestick Pattern on Gold Trading chart - Morning Star XAUUSD Candlestick Pattern - Morning Star Bullish XAUUSD Candlestick Patterns - Evening Star XAUUSD Candlesticks Pattern

Bullish and Bearish Engulfing Pattern



Bullish and Bearish Engulfing Patterns

The color of the first candlestick indicates the xauusd trend of the day.


The second candlestick should completely engulf the first candlestick and it should have the opposite color.


For Bullish Engulfing the color of the candlestick should be Blue


For Bearish Engulfing the color of the candlestick should be Red


 

Metals Trading Symbols

Precious Metal Symbols:
Gold - XAU USD and XAU EUR, Silver - XAG USD and XAG EUR, Platinum - XPT USD, Palladium - XPD USD

Metal Symbols:
Copper - XCU USD, Zinc - XZN USD, Lead - XPB USD, Nickel - XNI USD, Aluminium - XAL USD