Trading Reversal Patterns & Continuation Chart Setups

Gold Patterns - Gold Trading Analysis Chart Patterns Gold Trading Strategies

Xauusd chart patterns are graphical representations of repeating xauusd price action patterns that are commonly used in the xauusd trading market.

Gold Patterns is one of the studies used in xauusd trading analysis to help gold traders learn how to identify these repeating XAUUSD Chart Patterns formations.

These XAUUSD Patterns are important in gold trading because when the xauusd market is not moving in a particular direction it is forming a xauusd chart pattern. It is important to know these XAUUSD Chart Patterns patterns so as to have an idea of what might be the next move in the xauusd trading market.

When xauusd price movements are drawn there are several XAUUSD Chart Patterns patterns that occur naturally and repeat themselves over and over again. These XAUUSD Chart Patterns patterns are used by a lot of xauusd trading technical traders to predict the next gold market move.

Traders often study these XAUUSD Chart Patterns patterns to gauge supply and demand forces that form the basis for xauusd price fluctuations.

These XAUUSD Patterns are classified into Three different categories:

1. Reversal Trading Setups

• Double tops Gold Setups

• Double bottoms Gold Setups

• Head and shoulders Gold Setups

• Reverse head and shoulders Gold Setups

2. Continuation Trading Setups

• Ascending triangle Gold Setups

• Descending triangle Gold Setups

• Bull flag/pennant Gold Setups

• Bear flag/pennant Gold Setups

3. Bilateral

• Symmetric triangle - Consolidation Setups

• Rectangle - Range Gold Setups

Reversal patterns - Gold Setups - confirm the reversal of the xauusd market trend once this reversal setup setup is confirmed. These Reversal Chart Patterns are formed after extended gold market trend either upwards or downward & these reversal gold patterns signal that the xauusd market is ready to reverse.

Continuation patterns Gold Setups - are formations that set up the xauusd market for a gold trend continuation move in direction of the prior Gold trend. These Continuation Chart Patterns are formed when the market is taking a break before continuing in same direction of the previous Gold trend.

Consolidation patterns Gold Setups - form when the xauusd market is taking a break before deciding the next direction to take. When these Consolidation Chart Patterns are formed - the xauusd market is trying to decide what direction to trade.

Technical XAUUSD Chart Analysis of XAUUSD Setups

There are two different types of gold chart analysis, these two might seem similar but are not: the two are:

• Japanese Candlesticks Patterns - Study of a single candlestick - Read Japanese Candle-sticks Patterns

• Gold Chart Patterns - Study of a series of gold candlesticks formations

(This learn gold trading tutorial is about the second option above - Gold Chart Patterns)

The different topics for these two types xauusd trading analysis are:

Japanese XAUUSD Candles

• 39. Marubozu Candle-stick Pattern & Doji Candle Pattern

• 40. Spinning Tops Candlesticks Pattern Setups

• 41. Reversal Candles Pattern Setups

• 42. Inverted Hammer Candle-stick Pattern and Shooting Star Candlesticks Pattern Setups

• 43. Piercing Line Gold Candle-stick Pattern and Dark Cloud Cover Candlesticks Pattern Setups

• 44. Morning Star Candlesticks and Evening Star Candlesticks Pattern Setups

Gold Setups Lessons

• 53. Double Top and Double Bottom Pattern Setups

• 54. Continuation Trading Setups

• 55. Consolidation Chart Setups

• 56. Head and Shoulders Patterns & Reverse Head and Shoulders Pattern Setups

The examples below also illustrate the difference of the arrangements of these two xauusd trading analysis methods.

Candlesticks Patterns - Study of a single candle

Gold Chart Patterns - Study of a series of gold candles