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Japanese Candlesticks Analysis 13.05.2019 (GOLD, NZDUSD)

13 may 2019 - Fx4News

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD is still testing close to the support level and forming Hammer, Inverted Hammer, and Harami reversal patterns. Judging by the previous movements, it may be assumed that after finishing the correction, the instrument may continue its ascending tendency.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand vs. US Dollar”

As we can see in the H4 chart, NZDUSD is still trading near the support level and forming Hammer, Inverted Hammer, and Doji reversal patterns. Judging by the previous movements, it may be assumed that after testing the level, the instrument may continue its growth.

NZDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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