Indicators and patterns
1/23/2025
Indicators and patterns
These indicators and patterns are all bearish signals for the XAU/USD (Gold/US Dollar) pair on a 15-minute timeframe as of January 23, 2025, at 20:30 GMT:1. Belt-hold Line: This is a single candlestick pattern that suggests a potential reversal. In this case, it indicates a bearish trend continuation.
2. Closing Marubozu: A Closing Marubozu is a candlestick with only a small or no shadow and a long body, indicating strong selling pressure in this context.
3. Long Line Candle: This candlestick pattern has a long body and suggests a strong continuation of the bearish trend.
4. Marubozu: A Marubozu is a candlestick with little to no wicks and a long body, indicating strong momentum in the direction of the trend, which is bearish in this case.
5. Separating Lines: This pattern consists of two long-bodied candlesticks with opposite colors, indicating a potential reversal or continuation of the current trend. In this context, it suggests a bearish continuation.
Overall, these indicators and patterns collectively suggest a strong bearish sentiment for the XAU/USD pair on the 15-minute timeframe, indicating a potential selling opportunity.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
