Indicators and patterns
1/8/2025
Indicators and patterns
The indicators and signals refer to a "Harami Pattern" identified on the XAU/USD (Gold/US Dollar) currency pair chart with a 30-minute time frame.1. Harami Pattern: This is a two-candlestick pattern that indicates a potential trend reversal. In this case, the pattern is bullish, suggesting a possible upward movement in the price of XAU/USD.
2. Signal: The signal generated by the Harami Pattern is to "Buy," indicating a recommendation to consider entering a long position on XAU/USD.
The occurrence of a Harami Pattern followed by a Harami PatternCROSS further reinforces the bullish sentiment and the buy signal for XAU/USD. Traders and investors may interpret these patterns as potential opportunities to capitalize on a price increase in the XAU/USD pair.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
