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INVESTRONE
Mar 8, 2023 1:34 PM

XAUUSD : Gold Hammer Reversal Candle Long

Gold/U.S. DollarFXCM

Description

OANDA:XAUUSD


Hi , Trader's , After yesterday FED New's Price went down and hit bottom

Now price is extremely over sold position and Hammer candle is formed at bottom

Hammer candle is potential reversal candle , Market can get momentum

Buyer's can push market up to 1826-30 area

20 , 50 EMA at 1830 area , it could be target for bull's


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Comments
Tolberti
Amazing TA, I like it!
dodysenjaya80
Diferrent broker different candle. My broker show bullish engulfing (small ratio)
jdouglas020
you are correct - here we are again in the buy zone
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