Article By RoboForex.com
AUDUSD
The pair has formed several Harami and Shooting Star candlesticks on its H4-chart. Bearing in mind those patterns were formed on highest values of the chart, the pair can move lower towards a support level 0.7807.
GOLD
Gold has completed a correction move after a long upward move. Engulfing, Hammer, Long-Legged Doji and yet another Hammer have been formed on the H4-chart, and they suggest a further rise of the pair towards 1260.00 level.
Article By RoboForex.com
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.