Japanese Candlesticks Analysis 19.07.2017 (GOLD, EURUSD)
19.07.2017
GOLD
Gold keeps rising, and the upside direction is confirmed by the Engulfing patterns formed on each of the correction moves. The target for the price movement stands at 1252.52.
EURUSD
Euro keeps rising on the back of weaker US Dollar. The rising tendency is confirmed by the recurring Engulfing pattern on the H4-chart and breakout of the resistance level.
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.