So as of today, 'All Candlestick Patterns' indicator shows it as a Shooting Star, but looks like an Inverted Hammer to me.
XAUUSD's this Week candle may form a Bullish signal if it remains the same as it looks right now, i.e. Long Wick with Small Body.
Expect the price to rise with next weekly candle which will fill the long wick of this week candle. Also make sure to also check out RSI crosses 50.
XAUUSD's this Week candle may form a Bullish signal if it remains the same as it looks right now, i.e. Long Wick with Small Body.
Expect the price to rise with next weekly candle which will fill the long wick of this week candle. Also make sure to also check out RSI crosses 50.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.