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How Do I Trade Dark Cloud Cover Candles Pattern?

Dark Cloud Cover gold candlestick pattern is the Opposite of piercing candlestick xauusd candles pattern.

Dark Cloud Cover candlestick xauusd candles pattern is a long white body followed by a long black body.

Black body pierces the midpoint of the prior white body.

Dark Cloud Cover xauusd candlesticks pattern is a bearish reversal gold pattern that forms at the top of an upwards xauusd trend.

Dark Cloud Cover xauusd candlesticks pattern shows that the xauusd market opens higher & closes below the midpoint of the white body.

Dark Cloud Cover xauusd candlesticks pattern shows that the momentum of the upward trend is reducing & gold market trend is likely to reverse & move in a downwards direction.

Dark Cloud Cover xauusd candles pattern is shown known as a cloud cover signifying the cloud as a ceiling for xauusd price downward trend.

How Do I Trade Dark Cloud Cover Candlesticks Setup XAUUSD Signal? - What is Dark Cloud Cover Candlesticks Pattern?

How to Trade Dark Cloud Cover Candlestick Pattern Bearish or Bullish

Technical Analysis Dark Cloud Cover Candle Pattern

A bearish reversal sell signal is confirmed once xauusd price closes below the neckline which is the opening of the candlestick on the left of this Dark Cloud Cover candlestick.

Dark Cloud Cover Candle is a bearish xauusd candles pattern and xauusd price should continue moving downwards and for a trader who puts a sell gold trade should also put a stop-loss order just above highest xauusd price region.