How Do You Interpret Gold Trading Signal of a Consolidation Pattern?

How Do I Analyze XAUUSD Trading Signal of a Consolidation Chart Pattern?

When the consolidation patterns form the Gold market is taking a pause before deciding the next direction to take - the next direction can be a buy or a sell.

The consolidation chart pattern forms when there is a tug of war between the buyers & the sellers & the xauusd market can't decide which way to move.

What Happens in Gold Trading After a Consolidation Pattern?

However, this consolidation pattern can not go on forever & the xauusd market eventually breaks-out in one side & forms a new xauusd trend.

The new gold trend can either be a downwards gold trend or an upward xauusd trend.

Gold Price Break out Downward After Consolidation Pattern - Downwards Gold Trend

Gold Price Break out Upward After Consolidation Pattern - Upward Gold Trend

How Do I Read Gold Trading Signal of a Consolidation Chart Pattern?