Category Archives: Technical Strategist

Gold: Suspicious upside, risk downside

Good day traders! Technically; I would like to start with the pattern first. On H1, one would recognize it as morning star. That is a sign of reversal. But not too hurry. The first candle is a long black (red) candle and its a loooooonnnnnggg one too. It reflects the selling pressure that the sellers [...]

AUDUSD: Ascending triangle

Good day traders! Technically; Pattern wise, the chart is in an ascending triangle pattern, where the instrument price had been enjoying a bullish momentum since 15 Dis 2011. The main lines in such patterns are the trendline, which serve as a dynamic support and the resistance level, which of course fits its purpose as a [...]

Gold: A low, a high, a retrace and a copy of it

Good day traders!   Technically; We had our first low ($1532.64) to high ($1802.54) swing starting from 26 Sept 2011 till 8 Nov 2011. Price then retrace exactly at our 50.0% fibo drawn from the said swing. A bounce from the 50.0% fibo was short lived however, with a doji marked the end of the [...]

Pendaftaran Kelas Patterns and Strategies: Forex and Gold

Salam. Di dalam seminar-seminar Analisis Teknikal Harga Emas yang saya dan Syukor adakan, saya menerima banyak feedback dan pertanyaan dari para peserta tentang bagaimana Forex dan emas berbeza. Saya juga mendengar banyak cerita bagaimana ada di antara para peserta yang RUGI BESAR dengan Forex. Ada juga yang di tipu dengan skim-skim yang menggunakan Forex sebagai [...]

Gold: Completed the 10 day bulls

Good day traders! Technically; It’s a nice bulls ride yesterday as the yellow metal rose to more than $25 before eventually closed at $1652.10. On the daily chart, I drew a downward slope from 2 Dec 12 high to yesterday’s high. Today’s strategies involving a breakout from that slope and challenging yesterday’s high at $1667 [...]

Gold: A sensible bull but bear still in the frame

Salam. Kelas Pattern and Strategies: Forex and Gold masih di buka untuk pendaftaran. Bagi yang berminat, hubungi saya di talian 016-6447174. TQ ____________________________________________________________________________________________ Good day traders! Technically; Good news first; the yellow metal closed the day above the 200 EMA. A potential bull is in the fray. Daily RSI is slightly above the equilibrium level; [...]

Gold: Not yet, just not yet

Good day traders! Technically; Gold had rose for three straight days now and traditionally any gain in the early week of the year would signal more bulls are coming from the metal . The question now; can this bulls continue? To answer that question, I drew a 200 MA on our chart. And by looking [...]