What are Chart Setups in XAUUSD?

Chart patterns in xauusd are commonly occurring repeating patterns that form on price charts and these chart patterns are used to analyze the price movement so as to attempt to predict the next direction of price based on the study of these commonly repeating patterns.

What are the Common Chart Setups?

The common Chart patterns are classified in to 3 different categories:

1. Reversal XAUUSD Candle-sticks Setups

• Double tops Candle-stick Chart Setups

• Double bottom Candle-stick Chart Setups

• Head and shoulders Candle-stick Chart Setups

• Reverse head and shoulders Candle-stick Chart Setups

2. Continuation Candle-sticks Setups

• Ascending triangle Candle-stick Chart Setups

• Descending triangle Candle-stick Chart Setups

• Bull flag/pennant Candle-stick Chart Setups

• Bear flag/pennant Candle-stick Chart Setups

3. Bilateral XAUUSD Candle-sticks Setups

• Symmetric triangle - Consolidation Candle-stick Chart Setups

• Rectangle - Range Candle Chart Setups

Candle Chart Patterns XAUUSD