Japanese Candlestick Analysis for GOLD and NZDUSD: 28.09.2018
GOLD
On H4, the gold fell to yet another support where it then formed a few reversal patterns, such as hammer and harami.By analyzing the previous moves, one can assume the gold may bounce off and start forming a new uptrend.
NZDUSD
On H4, the pair is rising, making some insignificant pullbacks and forming such reversal patterns as harami, inverted hammer, and hammer. Currently, the price is making a correction. By analyzing the previous moves, one can assume the gold may continue uptrending once the pullback is over.
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