What's Marubozu Candlestick in XAUUSD? What is Marubozu Candlesticks Pattern in XAUUSD Trading?

What Does Marubozu Candle Mean? Marubozu Candlestick Definition

Marubozu candles patterns are long candlesticks that have no upper or lower shadows, Like illustrated below.

What's Marubozu Candlestick in XAUUSD? Marubozu Candles Patterns - XAUUSD Candles Patterns

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

XAUUSD Candles Patterns

White marubozu candlesticks patterns - the open is also the low & the close is also the high.

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

Black marubozu candlesticks patterns - the open is also the high & the close is also low.

Marubozu candlesticks patterns means there were no retracements and therefore shows that sellers were in total control of the gold price.

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