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Gold signals deeper weakness as bearish patterns confirm, targeting $3,027, with key support zones at $3,164 and $3,073 vulnerable to further downside.
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Using Bullish Candlestick Patterns to Buy StocksOver time, groups of daily candlesticks fall into recognizable patterns with descriptive names like three white soldiers, dark cloud cover, hammer, morning star, and abandoned baby, to name just a ...
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Ignoring the importance of timeframesA common trap is assuming that a candlestick pattern on a 5 minute chart carries the same weight as one on a daily or weekly chart. Shorter timeframes are more ...
Meanwhile, the India VIX, the fear index, cooled slightly after rising for three consecutive days, declining 1.27 percent to ...
I don't usually spend much time analyzing daily charts ... in the study of Candlestick charts, which I am not, Wednesday's action could be interpreted as a Shooting Star pattern (see below).
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