Marubozu XAUUSD Candlestick Patterns
Marubozu Candlesticks Gold Chart Patterns
Depending on the size and shape of a Gold Trading candlestick it is possible to determine the strength of buyers or sellers. Likewise it is also possible to determine the underlying weakness of the buyers and sellers.
Marubozu XAUUSD Candlesticks Patterns
Marubozu Gold Candlesticks Patterns - Candlesticks with long bodies show that there were a lot of buyers/sellers, depending on the color of the candlestick.
When xauusd price makes a huge move from the opening xauusd price to the closing xauusd price it shows the strength of buyers/sellers - Marubozu XAUUSD Candlesticks Patterns.
Long Blue Candlesticks - Marubozu Gold Candlesticks Patterns - Strength of Buyers
Long Red Candlesticks - Marubozu Gold Candlesticks Patterns - Strength of Sellers
Long Body Candlesticks - Continuation XAUUSD Candlestick Patterns. Marubozu XAUUSD Candlestick Pattern - How to Trade Marubozu Gold Candlesticks Patterns - How to Analyze Marubozu Gold Candlesticks Pattern
Marubozu XAUUSD Candlestick Patterns
Marubozu XAUUSD Candlestick Patterns are long candlesticks that have no upper or lower shadows, Like the ones shown below.
Marubozu Candlesticks
Marubozu XAUUSD Candlestick Patterns are continuation candlestick patterns that show xauusd price is going to continue in the same direction as that of the marubozu candlestick pattern. The marubozu candlestick pattern can be white/blue or Black/red depending on the direction of the xauusd trend.
XAUUSD Trading Analysis of Marubozu XAUUSD Candlesticks Patterns
White marubozu candlestick pattern- the open is also the low and the close is also the high.
Marubozu candlestick pattern means there were no retracements during that xauusd price period and therefore shows that buyers were in total control of the gold price.
White Marubozu candlestick pattern is a continuation candlestick pattern meaning that the next gold candlestick is likely to continue in the same upward gold trend direction.
Black marubozu candlestick pattern - the open of the Marubozu candlestick pattern is also the high - and the close is also low.
Marubozu candlestick pattern means there were no xauusd price retracements in the xauusd market and therefore shows that sellers were in total control of the xauusd price.
Black Marubozu candlestick pattern is a continuation candlesticks pattern meaning that the next gold candlestick is likely to continue in the same downward gold trend direction.
