XAUMXN
GOLD/MEXICAN PESO
STAY LONG
Close
33108
Prev.Close
33048
Change
+60.0000
Change%
+0.18%
Delayed Intraday Module : ON
BEARISH HARAMI
SESSION CLOSED
Bought at
32820.2
Open
33050
High
33153
Low
32919
Close
33108
Gain%
+0.88%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 15/09/2023, 7 days ago, when the stock price was 32820. Since then XAUMXN has risen by +0.88%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to SELL is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis, given the downside risks involved.
Pattern Description
This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the small candlestick is “the baby”. more...
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