Shanktown

A new trick by Gold?

FX:XAUUSD   Gold Spot / U.S. Dollar
I find Gold to be doing this recently.

The 53 pip hammer is a sign that price will continue in that direction.

Gold is sending out these reaching candles-a candle with a long wick that tests the area. The next candle begins closing in that direction.

Price eventually moves bearish more strongly.
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