{"id":159040,"date":"2019-11-04T09:15:45","date_gmt":"2019-11-04T14:15:45","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=159040"},"modified":"2019-11-04T07:24:25","modified_gmt":"2019-11-04T12:24:25","slug":"fibonacci-retracements-analysis-04-11-2019-gold-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/11\/fibonacci-retracements-analysis-04-11-2019-gold-usdchf\/","title":{"rendered":"Fibonacci Retracements Analysis 04.11.2019 (GOLD, USDCHF)"},"content":{"rendered":"
November 4, 2019<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

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

As we can see in the H4 chart, it\u2019s been a month since the pair started moving sideways after the convergence. XAUUSD is getting closer to the high at 1519.57 and trying to break it for the third time. If the price breaks the high, the instrument may continue growing towards 76.0% fibo at 1533.08 and then the key high at 1557.00.<\/p>\n

\"GOLD_H4\"
\n\"Risk<\/p>\n

In the H1 chart, there is a convergence on MACD while the pair is trading close to the previous high at 1517.89, which means that the price is slowing down the current growth, which may be later followed by a new short-term pullback. If the instrument breaks the above-mentioned high, it may continue growing towards the post-correctional extension area between 138.2% and 161.8% fibo at 1531.80 and 1536.21 respectively.<\/p>\n

\"GOLD_H1\"
\n\"Risk<\/p>\n

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

As we can see in the H4 chart, another descending impulse is heading towards the fractal low at 0.9840. If USDCHF breaks this level, the instrument may continue the mid-term descending tendency towards 61.8% and 76.0% fibo at 0.9801 and 0.9748 respectively.<\/p>

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<\/div>\n

\"USDCHF_H4\"
\n\"Risk<\/p>\n

In the H1 chart, there is a convergence on MACD, which may indicate a possible pullback. The upside correctional targets may be 23.6%, 38.2%, and 50.0% fibo at 0.9877, 0.9895, and 0.9910 respectively. the support is the low at 0.9849.<\/p>\n

\"USDCHF_H1\"<\/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 XAUUSD, \u201cGold vs US Dollar\u201d As we can see in the H4 chart, it\u2019s been a month since the pair started moving sideways after the convergence. XAUUSD is getting closer to the high at 1519.57 and trying to break it for the third time. If the price breaks the high, the instrument […]<\/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-159040","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159040","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=159040"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159040\/revisions"}],"predecessor-version":[{"id":159041,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159040\/revisions\/159041"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=159040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=159040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=159040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}