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  • #76,561
  • May 16, 2025 3:48am May 16, 2025 3:48am
Quoting MrGoldie
3260-80 resistance,breaks we may see the gap closing Down 3160 support,buys trigger here 3194-60 targets 3357-60 I may be wrong , friday trade low lots have stops Bullish hammer on daily candle {image} Bullish Hammer on gold {image}
I am also watching closely but will wait to see till this H1 Closing
waiting for a buy since morning and will love to see 3330 today
  • #76,562
  • May 16, 2025 3:53am May 16, 2025 3:53am
Quoting MrGoldie
3260-80 resistance,breaks we may see the gap closing Down 3160 support,buys trigger here 3194-60 targets 3357-60 I may be wrong , friday trade low lots have stops Bullish hammer on daily candle {image} Bullish Hammer on gold
Just curious, which Broker is that?

Because here on GO Markets, with the widely accepted daily close of 5 pm New York, these Daily candles look wildly different as highlighted.

You might have a bullish hammer, or you might be mislead.

Thanks.
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It takes a lot for me to IGNORE you, but you can try.
  • #76,563
  • May 16, 2025 3:55am May 16, 2025 3:55am
Quoting nave02051986
{quote} I am also watching closely but will wait to see till this H1 Closing waiting for a buy since morning and will love to see 3330 today
yep, hourly close will tell us veery much
  • #76,564
  • Edited 4:11am May 16, 2025 3:56am | Edited 4:11am
very early pullback perhaps done , so waiting down as before , retest 3197 conservative , should 3187 reaction level instead 3195, take care
similar gbpusd test next should 3274 as waiting for
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #76,565
  • May 16, 2025 4:08am May 16, 2025 4:08am
Seems that sellers are for now in control so better to wait
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  • #76,566
  • May 16, 2025 4:10am May 16, 2025 4:10am
Quoting Erebus
{quote} Just curious, which Broker is that? Because here on GO Markets, with the widely accepted daily close of 5 pm New York, these Daily candles look wildly different as highlighted. You might have a bullish hammer, or you might be mislead. Thanks. {image}
Octafx
In trading view too we have same candle
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Be prepared for the Global Panic
  • #76,567
  • May 16, 2025 4:11am May 16, 2025 4:11am
Quoting nave02051986
Seems that sellers are for now in control so better to wait {image}
Where?
Your chart says h4 closed within previous h4,how sellers control?
Be prepared for the Global Panic
  • #76,568
  • May 16, 2025 4:12am May 16, 2025 4:12am
Quoting LoneTrader1
{quote} Today market did something like "it's not cheating if it's just the tip" The saying fits the market as market is always right! So yeah, Support is still intact it was just the wick {image}
Just the wick can happen again this time on 4 hour time frame, Maybe...
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  • #76,569
  • May 16, 2025 4:12am May 16, 2025 4:12am
Quoting MrGoldie
{quote} Octafx In trading view too we have same candle {image}
WOW, but what time the daily close?

Simple question, that is what cause daily candles to be different.

Just curious.
It takes a lot for me to IGNORE you, but you can try.
  • #76,570
  • May 16, 2025 4:21am May 16, 2025 4:21am
Time to see where the market is going, uptrend does not seem likely for today especially taking into consideration HTF charts. Depending on this candle close and next 1H LTF analysis, might tell us if market is doing a reversal at large. Price consolidating in downtrend pattern on LTF, might see a reversal based on current candle.
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  • #76,571
  • May 16, 2025 4:22am May 16, 2025 4:22am
Quoting MrGoldie
{quote} Where? Your chart says h4 closed within previous h4,how sellers control?
may be old chart , within daily bull candle but h4 3rd down in control so far , close may look better shape . 3176 may important reaction close wise while 3195 bounce trying to limit down may to 3186 anyway !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #76,572
  • May 16, 2025 4:25am May 16, 2025 4:25am
Quoting MrGoldie
{quote} Where? Your chart says h4 closed within previous h4,how sellers control?
Dear Bearish Engulfing Candle in 4H closing , Always indicates a strong seller pressure if followed by Strong Bearish H1 candle. Moreover the confirmation is still awaited up to this H1 closing
  • #76,573
  • May 16, 2025 4:25am May 16, 2025 4:25am
Quoting Erebus
{quote} WOW, but what time the daily close? Simple question, that is what cause daily candles to be different. Just curious.
IST 2:30 closing 3.30 am opening
Be prepared for the Global Panic
  • #76,574
  • May 16, 2025 4:38am May 16, 2025 4:38am
Quoting nave02051986
{quote} Sorry for your loss if Sl hit i really dont want that the market dii all this anyway better luck next time trade safe
Yea. Back with 02s baby boy
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  • #76,575
  • May 16, 2025 4:39am May 16, 2025 4:39am
Quoting MrGoldie
{quote} IST 2:30 closing 3.30 am opening
By my calculations, that is 5 pm and 6 pm New York

That 1-hour gap is weird and causing the difference I guess.

Do they explain the reason for that?

First time that I have heard Forex is only 23 hours per day.
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It takes a lot for me to IGNORE you, but you can try.
  • #76,576
  • May 16, 2025 4:39am May 16, 2025 4:39am
A new high is comming.
  • #76,577
  • May 16, 2025 4:48am May 16, 2025 4:48am
Quoting Erebus
{quote} By my calculations, that is 5 pm and 6 pm New York That 1-hour gap is weird and causing the difference I guess. Do they explain the reason for that? First time that I have heard Forex is only 23 hours per day. {image}
Market closing hrs sometime 23:00 half yearly 23:30 half yearly
Friday 22:00 different broker have different close ,I don't know abt that
Mostly I didn't take on closing trades
Be prepared for the Global Panic
  • #76,578
  • May 16, 2025 4:54am May 16, 2025 4:54am
maybe retesting 3215-3218 area and going down again
  • #76,579
  • May 16, 2025 5:01am May 16, 2025 5:01am
Quoting goldsimp
{quote} Yea. Back with 02s baby boy {image}
Very Good Keep it up will hope market reacts according to your wish
  • #76,580
  • May 16, 2025 5:03am May 16, 2025 5:03am
Quoting bigiivan
A new high is comming.
possible if survive at 3203 or 3195 again. 3219 initially may test !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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