POWER_OF_FOREX

XAUUSD DAILY TIME RAME INSIDE BAR

OANDA:XAUUSD   Gold Spot / U.S. Dollar
An inside day occurs when the size of a daily candle fits the size of the previous one. Inside day candle pattern says the market is about to move. Inside day does not provide an indication of which direction the market will movE . AND The inside bar candle pattern is NOT telling traders that the market is bidding price higher or lower but rather that the market is waiting before making the next big move in the asset. ... As mentioned previously, the inside bar represents a period of short-term consolidation with low volatility within a trending market.

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