Japanese Candlestick Analysis for GOLD and NZDUSD: Sep 17, 2018

17 сентября 2018 - Fx4News

GOLD

On H4, the yellow metal is trading near the resistance and is forming reversal patters, such as harami, engulfing patters, and doji. By analyzing the previous moves, one can assume the gold may start forming a new uptrend after rangebound trading.

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

NZDUSD

On H4, the NZD/USD is continuing to correct, forming reversal patterns, such as hammer, engulfing, and inverted hammer. This may me yet another pullback before the new ascending trend.

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