khamis12

khamis12 Updated 

Bulls failed to push gold higher above 50 EMA in 4H. bears are in control for now.

khamis12 Updated 

As we indicated it last time on the monthly chart, the price tested the low of July and pullback. however the buyer did not have enough courage to rally up yesterday and closed near the previous day low. this could be due to the ideal SHS pattern which suggest selling market. The pair was trading in trading range yesterday with a measure move of +200 pips. It...

khamis12 Updated 

waiting for your feed back

khamis12

- In the early Asian session gold pulled back - 50 |% pull back. - Good second entry short was formed . please leave a comment. if you like my idea then help me pressing the like button. Thank you! :) Khamis Majok

khamis12 Updated 

The sell off was too flat. Therefore a pullback will occur during the next 20-30 bar in lower TF.4 bull bars in 8 bearish climax bars. this indicates buyers insisting to push price up which will definitely cause the pullback. it is likely the price will first test the low of the previous trading range ( 26 June -06 July) then probably the magnetic will pull it...

khamis12

TECHNICALS: The EUR/JPY monthly chart is in bearish trend after two consecutive bull pullback from the 50 EMA. A 40 % pullback. However the buyers pressure was not strong enough to push the price higher above the old Resistance level ( 132.00). sellers needs strong bearish bar this month to confirm the second entry signal. The measure move of the previous sellers...

khamis12 Updated 

we are experiencing strong dollar as the fed decision came out not to change the interest rate 2.00 % in the 3Q. this will definitely weakness the Gold. technically, Gold has been consolidating in a trading range. it is probably to break the down support and go for farther new lower lows. however the odd are for the pair to test the support line and likely make a...