What Patterns are used?
Most Traders use the patterns to try and find the direction of the trend.
There are Three main categories of chart patterns - Continuation Patterns, Consolidation Patterns & Reversal Patterns.
Under each category there are other patterns & each of these have different types of chart analysis.
The most common gold patterns used in gold trading are:
Continuation Patterns
Consolidation XAUUSD Patterns
Reversal Patterns
Head and Shoulders Gold Patterns
Reverse Head & Shoulders Gold Patterns
What Patterns are used in Gold Trading? - The Nine Different XAUUSD Patterns with Examples