Japanese Candlesticks Analysis 15.01.2019 (GOLD, NZDUSD)

15 января 2019 - Fx4News

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD is still testing the resistance level again and forming Shooting Star, Doji, and Hanging Man reversal patterns. Judging by the previous movements, it may be assumed that after finishing the correction the instrument may break the level and continue its ascending movement.

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 resistance level and forming Doji, Hanging Man, and Shooting Star reversal patterns. Judging by the previous movements, it may be assumed that after testing the resistance level and completing another pullback the instrument may continue its growth.

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