Japanese Candlestick Analysis for GOLD and NZDUSD: 28.09.2018

28 сентября 2018 - Fx4News

GOLD

On H4, the gold fell to yet another support where it then formed a few reversal patterns, such as hammer and harami.By analyzing the previous moves, one can assume the gold may bounce off and start forming a new uptrend.

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

NZDUSD

On H4, the pair is rising, making some insignificant pullbacks and forming such reversal patterns as harami, inverted hammer, and hammer. Currently, the price is making a correction. By analyzing the previous moves, one can assume the gold may continue uptrending once the pullback is over.

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