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Trading Gold Predict Gold Trend Reversal

A gold trader can use xauusd price action gold patterns to predict a gold trend reversal.

The xauusd price action patterns used to predict a gold trend reversal are:

  1. Double Tops
  2. Double Bottoms
  3. Head and Shoulders Pattern
  4. Reverse Head and Shoulders Pattern

Traders can also use xauusd price action reversal candlesticks. Reversal gold candlesticks include:

  1. Doji
  2. Hammer Candlestick Pattern and Hanging Man Candlestick Pattern
  3. Inverted Hammer Candlestick Pattern and Shooting Star Candlestick Pattern
  4. Piercing Line Gold Candlestick Pattern and Dark Cloud Cover Candlestick Pattern
  5. Morning Star Candlesticks and Evening Star Candlesticks
  6. Engulfing Candlesticks Patterns

These reversal xauusd price action gold patterns and candlesticks pattern are used to gauge the xauusd market trend momentum.

The reversal gold patterns can be considered as either bullish reversal gold patterns or bearish reversal gold patterns.

 

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