Japanese Candlestick Analysis for GOLD and NZDUSD: 19/3/2019

March 19, 2019

Article By RoboForex.com

GOLD

On H4, the gold is rising, making pullbacks every now and again. A correction is happening, with the price forming such reversal patterns as the hammer, doji, and engulfment. By analyzing the previous moves, one can assume the gold may continue uptrending once the pullback is over.


NZDUSD

On H4, the pair bounced off the support again and is forming pullbacks and reversal patterns, such as the harami, doji, and falling star. By analyzing the previous moves, one can assume the NZDUSD may start forming a new uptrend after a correction.


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.

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