Types of Candlesticks and Their Meaning in Gold Trading

Candle Setups Indicator

The List of Japanese Candlestick Setups Indicator Free Download Tutorial - Types of Candlestick Patterns Example

The List of candle-sticks setup trading strategies used to trade Gold - The top ten most oftenly used xauusd candle-sticks setup trading strategies used to trade the online xauusd market.

Doji Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Doji is a candle pattern with the same opening & closing price. There are various types of doji candlesticks setup that form on charts.

following example explain various patterns of the doji candle:

Long-legged doji Candlestick Setup Trading Strategy has long upper and lower shadows with opening and closing price at the middle. When the Long-legged doji pops up on a chart it indicates indecision between the xauusd traders, buyers & the sellers.

Shown Below is an example of the Long Legged Doji xauusd candles setup

Doji Candlestick Pattern - Doji Japanese Candle Setups XAUUSD Lesson with Examples - Gold Types of Candles in Gold Trading

Doji Candle Pattern - Doji Japanese Candlestick Setups XAUUSD Lesson with Examples - Gold Types of Candles in Gold Trading

Marubozu Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Marubozu Candlestick Setup Strategy are long candles that have no upper or lower shadows, Like shown below.

Marubozu Candlesticks Pattern - Marubozu Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Marubozu Candlestick Setup Trading Strategy are continuing candlestick patterns which show xauusd price is going to continue in same direction as that of the marubozu candlestick. Marubozu candlesticks setup can be white/blue or Black/red depending on direction of the market trend.

Spinning Tops Candles Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Spinning tops Candlestick Setup Trading Strategy have a small body with long upper and lower shadows. These spinning tops candles setup trade strategies are referred to by this name because they are similar to spinning tops on a matchstick.

The upper & lower shadows of the spinning tops candle-sticks setup are longer than the body. Examples illustrated & described below portrays the spinning top Candlestick Setup Trading Strategy. You can look for the pattern in your MetaTrader 4 charts. Examples illustrated & described below portrays a image to help traders when it comes to learning & understanding these Candlestick Setup Trading Strategy.

How Do I Read Candle Charts - Spinning Tops Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Colour of the spinning tops candle-stick candles setup isn't very important, this pattern show the indecision between the buyers and the sellers in market. When these xauusd patterns appear at the top of a trend or at the bottom of the market trend it might trade signal that the market trend is coming to an end and it might soon reverse & begin heading in the other direction. However, it's better to wait for confirmation signals that the direction of a trend has reversed before trading the signal from the Candlestick Setup Trading Strategy formation.

Hammer Candle Setup & Hanging Man XAUUSD Candlestick Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Hammer Candle Pattern and Hanging Man Candlestick Setup candles look alike but hammer is bullish reversal Candlestick Setup Trading Strategy & hanging man is a bearish reversal Candlestick Setup Trading Strategy.

Hammer Candle Setup and Hanging Man Candlesticks Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Hammer Candlestick Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Hammer Candle Pattern is a potentially bullish candlestick pattern that forms during a downwards xauusd trend. It's named so because the xauusd market is hammering out a bottom.

Hanging Man Candle Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

This hanging man Candlestick Setup Trading Strategy is a potentially bearish trading reversal signal which occurs during a upwards xauusd trend. It's named so because it looks like a man hanging on a noose up high.

Hanging Man Candle Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Inverted Hammer Candle Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

This is a bullish reversal Candlestick Setup Trading Strategy. It occurs at the bottom of a trend.

Inverted hammer XAUUSD Candle Setup occurs at the bottom of a down-wards trend & indicates possibility of reversal of the downwards xauusd trend.

Inverted Hammer Candle Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Shooting Star Candle Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Shooting Star is a bearish reversal Candlestick Setup Strategy. It occurs at the top of a xauusd trend.

Shooting Star Candle Pattern form at the top of an up-wards trend in the xauusd market where the open xauusd price is same as the low & xauusd price then rallied up but was pushed back downwards to close near the open.

Shooting Star Candle - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Piercing Line Candle Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Piercing line candle pattern trading strategy is a long black body followed by a long white body candle.

The white body pierces the midpoint of the prior black body.

This Piercing Line Candle Setup Trading Strategy is a bullish reversal Candlestick Setup Trading Strategy that occurs at the bottom of a market downward xauusd trend. It shows that the xauusd market opens lower & closes above the midpoint of the black body.

This Piercing Line Candle Setup Trading Strategy shows that the momentum of the downward trend is reducing and the xauusd market trend is likely to reverse & move in an up-wards direction.

This Piercing Line Candle Setup Trading Strategy is shown known as a piercing line signifying the xauusd market is piercing the bottoms illustrating a market floor for the xauusd price downwards trend.

Piercing Line XAUUSD Candle Setup - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Dark Cloud Cover Candle Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Opposite of piercing candlestick gold candlestick.

This candle is a long white body followed by a long black body.

Black body pierces the midpoint of the prior white body.

This is a bearish reversal pattern trading strategy that occurs at the top of an upward xauusd trend.

Dark Cloud Cover Candle Pattern that the xauusd market opens higher and closes below the midpoint of the white body.

Dark Cloud Cover Candle Setup Trading Strategy shows that the momentum of the upward trend is reducing and the xauusd market trend is likely to reverse & move in a downward trade direction.

Dark Cloud Cover Candle Setup Trading Strategy is shown known as a cloud cover signifying the cloud as a ceiling for the xauusd price up-wards trend.

Dark Cloud Candle Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Morning Star Candle Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Morning Star Candle Setup - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Evening Star Candle Japanese Candlestick Setups XAUUSD Lesson with XAUUSD Examples

Opposite of morning star candlesticks setup

Evening Star Candle Pattern - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Engulfing Candle Setups

Engulfing is a reversal Candlestick Setup Strategy that can be bearish or bullish depending upon whether it appears at the end of a market downward trend or at the end of a xauusd market upwards trend.

Bullish & Bearish Engulfing Candle Sticks Setups - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold Trading

Types of Candlesticks and Their Meaning in Trade - Types of Candlesticks Meaning - Japanese Candlestick Setups Gold Lesson with Examples - Gold Types of Candles in Gold - Candlestick Setups Indicator - Japanese Candlestick Setups Indicator Free Download Guide