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How to Trade Engulfing XAUUSD Candlestick Patterns Tutorial

Bearish Engulfing PDF

Engulfing XAUUSD Candlestick Pattern is a reversal candlestick pattern that can be bearish or bullish depending upon whether it appears at the end of a gold trading down trend or at the end of a gold upward trend.

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Bullish Engulfing XAUUSD Candlestick Pattern - Bearish Engulfing XAUUSD Candlestick Pattern

Bearish Engulfing PDF

The color of the first gold candlestick indicates the gold trend of the day.

The second gold candlestick should completely engulf the first gold candlestick and it should have the opposite color.

For Bullish Engulfing the color of the gold candlestick should be Blue

For Bearish Engulfing the color of the gold candlestick should be Red

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Evening Star XAUUSD Candlestick Pattern

Morning Star Candlestick

How Do I Trade Engulfing XAUUSD Candlestick Setups Tutorial? - How to Trade Engulfing XAUUSD Candlestick Patterns PDF

Morning Star Candlestick

XAUUSD Trading Analysis of Morning Star Pattern

Morning star is a three day bullish reversal gold candlestick pattern.

The first day is a long black xauusd candlestick.

The second day is a morning star that gaps away from the long black xauusd candlestick.

Third day is a long white gold candlestick that fills the gap.

The filling of the gap and closing of the white gold candlestick above the gap is a strong bullish gold signal.

Traders should open a buy gold trade after market xauusd price closes above the gap formation of the morning star. This is the confirmation signal of a buy gold signal generated by this xauusd candlesticks pattern.

Evening Star Candlestick

Opposite of the morning star

How Do I Trade Engulfing XAUUSD Candlestick Patterns PDF? - How to Trade Engulfing XAUUSD Candlestick Patterns Tutorial - Engulfing Candlestick Strategy

Evening Star Candlestick

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XAUUSD Trading Analysis of Evening Star XAUUSD Candlestick Pattern

Evening star is a three day bearish reversal gold candlestick pattern.

The first day is a long white xauusd candlestick.

The second day is the evening star that gaps away from the long white candle.

Third day is a long black gold candlestick that fills the gap.

The filling of the gap and closing of the black gold candlestick below the gap is a strong bearish gold signal.

Traders should open a sell gold trade once the xauusd market closes below the gap formation of the evening star. This is the confirmation signal of a sell gold signal generated by this gold candlestick pattern.


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