A candlestick chart shows price movements of an asset (like gold in your case) over a specific time period. Each candlestick represents a set time frame (like one hour in yours).
It’s telling you a story about buyers and sellers fighting over the price of gold. Those big green candles indicate strong buying momentum (price is surging). Those big red candles are saying the opposite (more selling, price is falling fast).
The small candles with long wicks point to indecision (buyers and sellers are battling but no clear winner).
A long upper wick shows you that the price went up but got rejected (sellers pushed it back down, possible resistance).
Equally a long lower wick tells you price went down but bounced back up (buyers stepped in, possible support).
