{"id":112250,"date":"2017-09-05T08:30:53","date_gmt":"2017-09-05T12:30:53","guid":{"rendered":"http:\/\/countingpips.com\/?p=112250"},"modified":"2017-09-05T07:13:45","modified_gmt":"2017-09-05T11:13:45","slug":"fibonacci-retracements-analysis-05-09-2017-gold-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/09\/fibonacci-retracements-analysis-05-09-2017-gold-usdchf\/","title":{"rendered":"Fibonacci Retracements Analysis 05.09.2017 (GOLD, USD\/CHF)"},"content":{"rendered":"
September 5, 2017<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

XAU USD, \u201cGold vs US Dollar\u201d<\/strong><\/p>\n

At the daily chart of the XAU\/USD pair, the uptrend continues as the price has reached the post-correctional extension area. The next upside targets are at 1370.52 (the retracement of 261.8%) and 1375.13 (this year\u2019s high). The local support for the current movement is at 1298.50.<\/p>\n

\"\"<\/p>\n

As we can see at the H1 chart, the pair has broken the highs and right now is forming the divergence, which indicates a possible correction or a reverse soon. In addition to that, the price has reached the post-correctional area. The closest targets of the current uptrend may be the retracements of 161.8% at 1343.38, and 1352.13. we should also take into account the current internal correction of the previous ascending impulse. The targets of this correction may be the retracements of 38.2% and 50.0% at 1323.80 and 1319.17 respectively.<\/p>\n

\"\"<\/p>\n

 <\/p>\n

USD CHF, \u201cUS Dollar vs Swiss Franc\u201d<\/strong><\/p>\n

At the H4 chart, after reaching 0.9680 close to the retracement of 76.0%, the USD\/CHF pair started the correction, which may complete quite soon at the retracement of 50.0%. The next downside target is the retracement of 61.8% at 0.9428. However, to continue moving upwards, the price has to break the local high at 0.9680 first. The targets of this ascending movement may be inside the post-correctional extension area between the retracements of 138.2% and 161.8% at 0.9732 and 0.9764 respectively.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

\"\"<\/p>\n

At the H1 chart, the situation is the same.<\/p>\n

\"\"<\/p>\n

 <\/p>\n

RoboForex Analytical Department<\/strong><\/p>\n

<\/strong><\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com XAU USD, \u201cGold vs US Dollar\u201d At the daily chart of the XAU\/USD pair, the uptrend continues as the price has reached the post-correctional extension area. The next upside targets are at 1370.52 (the retracement of 261.8%) and 1375.13 (this year\u2019s high). The local support for the current movement is at 1298.50. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-112250","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=112250"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112250\/revisions"}],"predecessor-version":[{"id":112251,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112250\/revisions\/112251"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=112250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=112250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=112250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}