XAU USD Candlestick Analysis

22.01.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after plunging, the metal is still trying to recover. Right now, after forming several reversal patterns, such as Engulfing, close to the resistance area, XAUUSD may reverse and resume falling towards the support level. In this case...

19.01.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after plunging, the metal is correcting within a sideways channel. Right now, after forming several reversal patterns, such as Harami and Hammer, close to the support area, XAUUSD may reverse and resume growing towards the resistanc...

14.01.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the metal has stopped plummeting. Right now, after forming several reversal patterns, such as Harami, Doji, and Hammer, close to the support area, XAUUSD may reverse and resume growing towards the resistance level. In this case, the...

11.01.2021XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the metal is plummeting. Right now, after forming several reversal patterns, such as Harami and Hammer, close to the support area, XAUUSD may reverse and resume growing towards the resistance level. In this case, the upside target w...

29.12.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Engulfing, Doji, and Harami, close to the support area, XAUUSD may reverse and resume growing towards the resistance level. In this case, ...

24.12.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Engulfing and Doji, close to the support area, XAUUSD may reverse and resume growing towards the resistance level. In this case, the upsid...

21.12.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming a Doji pattern close to the support area, XAUUSD may reverse and resume growing towards the resistance level. In this case, the upside target will be at 1925.00. At the same...

16.12.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming a Hammer pattern close to the support area, XAUUSD may reverse and resume growing towards the resistance level. In this case, the upside target will be at 1890.00. At the sa...

11.12.2020XAUUSD, “Gold vs US Dollar”Gold is completing a correction of the ascending dynamics. At the support level, it has formed a Harami. Currently, the resistance pattern can drive the price upwards, to the resistance level. The aim is at 1880.00. However, the quotations might still return to 1...

08.12.2020XAUUSD, “Gold vs US Dollar”XAUUSD keeps developing ascending dynamics. Near the resistance level, gold has formed a Hanging Man. The reversal pattern can currently entail a pullback to the support level. The aim of the correction is 1825.00. However, the growth might continue to 1900.00 wi...

03.12.2020XAUUSD, “Gold vs US Dollar”XAUUSD keeps correcting in a downtrend. Near the support level, the pair has formed an Inverted Hammer. It is currently working off the reversal pattern. The aim of the pullback is 1875.50 at the resistance level. However, the quotations might keep going down to ...

30.11.2020XAUUSD, “Gold vs US Dollar”XAUUSD keeps developing descending dynamics. It might form an inverted Hammer near the support level. The reversal pattern might currently lead the pair to a correction. The aim of the pullback is the resistance level of 1805.00. Nonetheless, the quotations might...

25.11.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Hammer, close to the support area, XAUUSD is expected to reverse and correct to the upside. In this case, the upside target will be the re...

20.11.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after plunging within the ascending tendency, the asset is trying to regain its position. After forming several reversal patterns, such as Long-Legged Doji, close to the support area, XAUUSD is expected to reverse and start another ...

17.11.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after plunging within the ascending tendency, the asset is trying to regain its positions. After forming several reversal patterns, such as Harami, close to the support area, XAUUSD is expected to reverse and start another rising im...

12.11.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the instrument is quickly falling within the ascending tendency. After forming several reversal patterns, such as Harami, close to the support area, XAUUSD is expected to reverse and rebound from the channel’s downside border due to...

09.11.2020XAUUSD, “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, XAUUSD is not expected to reverse due to a strong rising tendency. In this case, the upside target will be the resistance area at 1985...

04.11.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after finishing another correction within the rising tendency and forming a Hammer pattern not far from the support area, XAUUSD is reversing and may form a slight correction, which may be followed by further growth. In this case, t...

30.10.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, after finishing the correction within the rising tendency and forming another Hammer pattern not far from the support area, XAUUSD may reverse and form one more slight correction, which may be followed by further decline. In this ca...

27.10.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is finishing the correction within the rising tendency. After forming another Hammer pattern not far from the support area, XAUUSD may reverse and move towards the next upside target at the resistance area at 1945.00. At th...

22.10.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is finishing the correction within the rising tendency. After forming another Hammer pattern not far from the support area, XAUUSD may reverse and move towards the next upside target at the resistance area at 1945.00. At th...

19.10.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the rising tendency continues. After forming another Hammer pattern not far from the support area, XAUUSD is reversing. The next upside target may be the resistance area at 1945.00. At the same time, an opposite scenario implies tha...

14.10.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the correction within the rising tendency continues. After forming a Hammer pattern not far from the support area, XAUUSD is reversing. The next upside target may be the resistance area at 1945.00. At the same time, an opposite scen...

09.10.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the rising tendency continues. After completing the pullback and then forming a Hammer pattern, XAUUSD is reversing. The next upside target may be the resistance area at 1945.00. At the same time, an opposite scenario implies that t...

06.10.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the rising tendency continues. After finishing a Harami pattern close to the resistance level, XAUUSD is reversing. The correctional target may be the support area at 1888.00. At the same time, an opposite scenario implies that the ...

01.10.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is still rebounding from the channel’s downside border. Right now, after forming an Inverted Hammer pattern, XAUUSD is reversing. The next upside target is at 1930.00. At the same time, an opposite scenario implies that the...

25.09.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is testing the channel’s downside border. By now, XAUUSD has formed several reversal patterns, such as Inverted Hammer, not far from the support area. Later, the price is expected to reverse and form a slight pullback towar...

22.09.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is still correcting withing the rising tendency. After finishing several reversal patterns, such as Hammer, not far from the support area, XAUUSD is expected to reverse and form a slight pullback, which may be followed by f...

17.09.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is still correcting withing the rising tendency. After finishing several reversal patterns, such as Hammer, XAUUSD continues trading not far from the support area. Possibly, the price may reverse and start a new growth towa...

14.09.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is still correcting withing the rising tendency. After finishing several reversal patterns, such as Hammer, XAUUSD continues trading not far from the channel’s downside border. Possibly, the price may reverse and start a ne...