XAU USD, “Gold vs US Dollar”
As we can see at the H4 chart, the XAU/USD pair has formed several Doji, Shooting Star, and Hanging Man patterns at the top of the correction. These patterns indicate that the instrument completed the pullback and may resume its decline.
NZD USD, “New Zealand vs. US Dollar”
At the H4 chart, the NZD/USD pair has formed Harami and Shooting Star patterns, which may indicate that the pullback is over. However, these patterns are unlikely to confirm the reverse and the price may continue growing.
RoboForex Analytical Department