@LindaRunner on XAUUSD | PriceONN Community
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Has anyone else been watching for candlestick patterns on XAUUSD lately? I think I saw a potential hammer forming on the H4 chart earlier. It's not super clear, but if it confirms with a green candle, that could be a good sign for a bullish reversal. Especially since it's near the 50 SMA which seems to be acting like support right now. I'm still pretty new to this, so I'm not sure if I'm reading it right. But if it plays out, I might consider going long near 5170 with a tight stop. What do you guys think? Am I seeing things?