Engulfing Gold Candle Rules
Engulfing XAUUSD Candlesticks Pattern
Engulfing XAUUSD Candlesticks Pattern is a reversal xauusd candlesticks pattern that can be bearish or bullish depending upon whether it appears at the end of a gold downward trend or at the end of a gold upward trend.
Bullish Engulfing XAUUSD Candlesticks Pattern - Bearish Engulfing Gold Candlesticks Pattern
XAUUSD Trading Analysis of
The color of the first gold candlestick indicates the gold trend of the day.
The second gold candlestick should completely engulf the first gold candlestick and it should have the opposite color.
For Bullish Engulfing the color of the gold candlesticks should be Blue
For Bearish Engulfing the color of the gold candlesticks should be Red
Engulfing Gold Candle Trading Strategy - Bullish Gold Candlesticks Patterns Tutorial - Types of Engulfing Gold Candle Indicator Patterns - Bearish Engulfing XAUUSD Candlesticks Pattern in an Up Gold trend - Bullish Engulfing XAUUSD Candlesticks Pattern in an Downtrend
Evening Star XAUUSD Candlesticks Pattern
Morning Star XAUUSD Candlestick
Morning Star Gold Candlestick
XAUUSD Trading Analysis of Morning Star Pattern
Morning star is a three day bullish reversal xauusd candlesticks pattern.
The first day is a long black xauusd candlestick.
The second day is a morning star that gaps away from the long black xauusd candlestick.
Third day is a long white gold candlesticks that fills the gap.
The filling of the gap and closing of the white gold candlesticks above the gap is a strong bullish gold signal.
Traders should open a buy gold trade after market xauusd price closes above the gap formation of the morning star. This is the confirmation signal of a buy gold signal generated by this xauusd candlesticks pattern.
Evening Star XAUUSD Candlestick
Opposite of the morning star
Evening Star Gold Candlestick
XAUUSD Trading Analysis of Evening Star XAUUSD Candlesticks Pattern
Evening star is a three day bearish reversal xauusd candlesticks pattern.
The first day is a long white xauusd candlestick.
The second day is the evening star that gaps away from the long white candle.
Third day is a long black gold candlesticks that fills the gap.
The filling of the gap and closing of the black gold candlesticks below the gap is a strong bearish gold signal.
Traders should open a sell gold trade once the xauusd market closes below the gap formation of the evening star. This is the confirmation signal of a sell gold signal generated by this xauusd candlesticks pattern.
