Hello. Tomorrow there will be no analytics for November 17, 2023 due to technical reasons; we will continue on Sunday. And below we’ll see what you can pay attention to when trading tomorrow 11/16/2023
On the USDCHF pair we achieved the goals we set and formed a pattern Doji. I’m not in the mood to buy yet, but we can give an upward correction. I think it will be possible to look for new sell signals in the area of 0.8953, with the expectation of updating the current low and then falling to the level of 0.8744. In the transaction statistics there is a good advantage of buyers, which should contribute to a fall in prices.
On the GBPUSD pair there is an Inner bar pattern. I consider the downward movement as corrective to the area of 1.2377. There you can look for new Price Action signals for purchases, with the old targets of 1.2547 and the 50% level slightly higher.
Gold showed good growth in the FVG 1977.18 area and formed a Doji pattern. Visually, the situation is similar to a bearish one. But in the overall picture of what is happening, I am not ready to consider sales here yet. If given the opportunity, I will look for new purchases in the area of 1949.20, with the expectation of updating the last maximum of 2009.33.