Japanese Candlesticks Analysis 14.11.2018 (GOLD, NZDUSD)
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD is forming another correction from the support level with Doji, Hammer, and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that after testing this level the instrument may continue its ascending movement.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, NZDUSD has completed another pullback and formed Hammer, Inverted Hammer, and Harami reversal patterns. Right now, the price is testing the resistance level once again. Judging by the previous movements, it may be assumed that the instrument may break the level and then continue its growth.
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