XAU USD, “Gold vs US Dollar”
At the H4 chart, the XAU/USD pair formed a lot of Doji, Shooting Star, Engulfing, and Hanging Man reversal patterns, but none of them made the price reverse. Considering this, we may assume that the instrument may continue its growth.
NZD USD, “New Zealand vs. US Dollar”
As we can see at the H4 chart, the NZD/USD pair has formed Harami, Hanging Man, and Shooting Star patterns close to the resistance level, thus making the price stop for a while. The instrument is very unlikely to reverse here, so we may assume that the pair may continue growing and reach new highs.
RoboForex Analytical Department