XAU USD Candlestick Analysis

23.07.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset is still trading upwards. After forming several reversal patterns, such as Inverted Hammer, not from the support level, XAUUSD may reverse and start a new growth to reach the resistance area at 1830.00. At the same time, a...

20.07.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset is still trading upwards. After forming several reversal patterns, such as Engulfing, not from the support level, XAUUSD may reverse and start a new growth to reach the resistance area at 1850.00. At the same time, an oppo...

15.07.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset is still trading upwards. After forming several reversal patterns, such as Engulfing, not from the support level, XAUUSD may reverse and start a new growth to reach the resistance area at 1850.00. At the same time, an oppo...

12.07.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset is trading sideways not from the resistance level, where it has formed several reversal patterns, such as Harami. At the moment, XAUUSD may reverse and start a new decline to reach the support area at 1790.00. At the same ...

07.07.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset is still rebounding far from the support level, where it has formed several reversal patterns, such as Harami. At the moment, XAUUSD may reverse and start a new growth to reach the resistance area at 1830.00. At the same t...

02.07.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset continues moving sideways not far from the support level, where it has formed several reversal patterns, such as Harami and Doji. At the moment, XAUUSD may reverse and start a new decline to reach the support area at 1746....

29.06.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset continues moving sideways not far from the support level, where it has formed several reversal patterns, such as Harami. At the moment, XAUUSD may reverse and start a new decline to reach the support area at 1746.50. At th...

24.06.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the asset continues testing the support level, where it has formed several reversal patterns, such as Harami. At the moment, XAUUSD may reverse and start a new decline to reach the support area at 1746.50. At the same time, an oppos...

21.06.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the downtrend continues. After forming several reversal patterns, such as Hammer, close to the support level, XAUUSD may reverse and form a new pullback to reach the resistance area at 1796.00. At the same time, an opposite scenario...

02.06.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the correction continues. After forming several reversal patterns, such as Doji, close to the resistance level, XAUUSD is reversing and may form a new pullback to reach the support area at 1875.00. At the same time, an opposite scen...

28.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the correction continues. After forming several reversal patterns, such as Shooting Star, close to the resistance level, XAUUSD is reversing and may form a new pullback to reach the support area at 1870.00. At the same time, an oppo...

25.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument continues growing. After forming several reversal patterns, such as Harami, close to the support level during the pullback, XAUUSD is reversing and may later continue trading upwards to reach the resistance area at 18...

20.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument continues growing. After forming several reversal patterns, such as Harami, close to the resistance level, XAUUSD has reversed but may later resume trading upwards. In this case, the upside target may be the resistanc...

17.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument continues growing. After forming several reversal patterns, such as Engulfing, close to the support level, XAUUSD is reversing. In this case, the upside target may be the resistance area at 1875.00. At the same time, ...

12.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is forming another correction. After forming several reversal patterns, such as Shooting Star, close to the resistance level, XAUUSD is reversing. In this case, the upside target after the correction may be the resist...

07.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is forming another correction. After forming several reversal patterns, such as Doji, close to the support level, XAUUSD is reversing. In this case, the upside target of the correction may be the resistance area at 18...

04.05.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is forming another correction. After forming several reversal patterns, such as Shooting Star, close to the resistance level, XAUUSD is reversing. In this case, the correctional target may be the support area at 1770....

29.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is forming another correction. After forming several reversal patterns, such as Engulfing, close to the support level, XAUUSD is reversing. In this case, the correctional target may be the support area at 1765.00. At ...

26.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is completing the correction. After forming several reversal patterns, such as Engulfing, close to the support level, XAUUSD may reverse and start new growth. In this case, the upside target may be the resistance area...

21.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, such as Engulfing, close to the resistance level, and reversing, XAUUSD may start a new growth towards. In this case, the upside target may be the resistance...

16.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, such as Harami, close to the resistance level, XAUUSD may reverse and start a new pullback towards the support area. In this case, the correctional target ma...

13.04.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, such as Shooting Star, close to the resistance level, XAUUSD may reverse and start a new pullback towards the support area. In this case, the correctional ta...

08.04.2021XAUUSD, “Gold vs US Dollar”The pair keeps developing ascending dynamics. It has formed several reversal patterns at the resistance area, including a Harami. Currently, going by the patterns, gold my slump into a correction with the aim at 1725.00. However, the quotations might still procee...

05.04.2021XAUUSD, “Gold vs US Dollar”The pair is completing a correction. AT the resistance level, gold has formed several reversal patterns including a Doji. Going by the reversal patterns, the price might continue the downtrend, aiming at 1700.00. However, the quotations might sill grow to 1735.00...

31.03.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the descending impulse continues. After forming several reversal patterns, such as Hammer, close to the support level, XAUUSD may reverse and start a new pullback towards the resistance area. In this case, the correctional target ma...

26.03.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the sideways tendency continues. After forming several reversal patterns, such as Hammer, close to the support level, XAUUSD may reverse and resume growing towards the resistance area. In this case, the upside target may be at 1780....

23.03.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, such as Hammer and Harami, close to the support level, XAUUSD may reverse and resume growing towards the resistance area. In this case, the upside target may...

18.03.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. After forming several reversal patterns, such as Hammer, close to the support level, XAUUSD may reverse and resume growing towards the resistance area. In this case, the upside target may be at 1785...

15.03.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the correction within the descending tendency continues. After forming several reversal patterns, such as Engulfing, close to the resistance level, XAUUSD may reverse and fall towards the support area. In this case, the downside tar...

10.03.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the descending tendency continues. After forming several reversal patterns, such as Harami, close to the resistance level, XAUUSD may reverse and fall towards the support area. In this case, the downside target will be at 1670.00. A...