GBP/USD fell sharply to the downside a few weeks back, which we see it as wave V that touched lower trendline of a wedge pattern, known also as a diagonal triangle. If we are correct, then market may ...

Head and Shoulder and Other Bearish Signals: - Gold is seen forming a head and shoulder pattern in the 4H chart. If the market can stay below 1607 today in the Asian session, we can see this topping ...

A break above 1.4250 (Key EW swing high/2008 downtrend line) would open up large triangle pattern which targets 1.4500/1.4945 area. The wave 5 started from 1.2660 and appears to be taking longer time ...

Gold has been trading higher since the start of this year after finding support at 1522.60 to end 2011. The 4H chart shows the RSI reading holding above 40, and mostly above 50, while being able to ...