Doji Consolidation Gold Candles Pattern
Doji Candles Pattern
Doji Candlestick Pattern is a candlestick pattern with the same opening and closing xauusd price. There are various types of doji candlesticks patterns that form on xauusd charts.
following example show various candle patterns of the doji candle:
Long-legged doji candlestick pattern has long upper and lower shadows with opening and closing xauusd price at the middle. When the Long-legged doji candlestick pattern appears on a Gold Trading chart it indicates indecision between xauusd traders, buyer & the sellers.
Shown Below is example screen-shot image of the Long Legged Doji Candlestick Pattern
- How to Trade Doji Candles Patterns - How to Interpret Doji Candlesticks Pattern
Cross Doji Candle Pattern
Cross doji candlestick pattern has a long lower shadow and a short upper shadow and the open and close of the day is the same.
This cross doji candle pattern pops up at market turning points & warns of a possible gold trend reversal in the gold market. Below is as example of this cross doji candlestick pattern formation
- Cross Doji Pattern - Doji Candlestick Patterns - Doji Consolidation XAUUSD Candlesticks Pattern - Continuation XAUUSD Candlestick Patterns - Doji Candlesticks Patterns
Inverted Cross Doji Candle Pattern
Inverted cross doji candle pattern have a long upper shadow and a short lower shadow & the open and close is the same.
This inverted doji candlestick pattern reversal gold pattern pops up at market turning points & warns of a possible gold trend reversal. Below is example
- Inverted Cross Doji Candlestick Pattern
Technical Analysis of Doji Candlesticks Patterns - All doji candles pattern show indecision in the xauusd market trend - this is because at the top of gold trend the buyers were in control, at the bottom of the gold trend the sellers were in control but none of them could gain control and at the close of the xauusd market the xauusd price closed unchanged at the same xauusd price as the opening xauusd price. This doji candlestick pattern shows that the overall xauusd price movement for that day was zero pips or just a minimum range of 1-3 pips. Reading these doji candlestick patterns require very small pip movement between the opening xauusd price and closing xauusd price.
