XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD has once again reached the resistance level and formed several Shooting Star and Hanging Man reversal patterns. Judging by the previous movements, it may be assumed that after finishing the correction the instrument may continue its ascending movement.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, NZDUSD is trading close to the resistance level and forming Doji and Harami reversal patterns. Judging by the previous movements, it may be assumed that the instrument may complete another correction and then continue its growth.
