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sohrabkhanlive86
Sep 15, 2021 12:52 AM

XAUUSD Evening Star Doji Short

Gold / U.S. DollarFOREX.com

Description

An emerging Evening Star Doji is forming at 4 Hours timeframe for XAUUSD (Gold). If the pattern completes, this would indicate a bearish reversal for gold. If you aren't too sure, I would advise you to wait it out. Follow the pattern closely until the end of the fourth hour for the current candlestick. If the pattern lines up, meaning one bullish candlestick, followed by an indecisive candlestick, followed by a bearish candlestick, know that it is a perfect entry spot for traders to go short.
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