Hanging Man Bearish Gold Candlesticks Pattern

Hanging Man XAUUSD Candlesticks Pattern

Hanging Man XAUUSD Candlesticks Pattern is a potentially bearish reversal gold signal that occurs during a gold upward trend. Hanging Man XAUUSD Candlesticks Pattern is named so because it resembles a man hanging on a noose up high.

A hanging man xauusd candlesticks pattern has:

• A small body
• The body is at the top
• The lower shadow is two or three times the length of the real body.
• Has no upper shadow or very small upper shadow if present.
• The color of the body is not important

Hanging Man XAUUSD Candlestick Pattern - How to Gold Trade Hanging Man Gold Candlesticks Patterns - Gold Trading Analysis of Hanging Man Gold Candlesticks Pattern

Gold Trading Analysis of Hanging Man Gold Candlesticks Patterns

The sell gold signal is confirmed when a bearish gold candlesticks closes below the open of the gold candlesticks on the left side of this hanging man xauusd candlesticks pattern.

Stop loss orders should be place a few pips just above the high of the hanging man xauusd candlesticks pattern.