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    • waleed.khan replied May 21, 2014

      as long as it doesn't get taken out below 1285.... Just look to your left on the 4 hr chart and notice the pin bars with the larger wicks especially the ones in this "triangle"; they have all held..."history repeats itself"... One more thing - This ...

      Only Gold!
    • waleed.khan replied May 21, 2014

      Okay so it seems like the tide has changed again for time being... Usd index has started falling... Euro, aud *(not true for Aud-still uncertain if it will hold key area)* has been consolidating and bounced off key support area..whereas the usdjpy ...

      Only Gold!
    • waleed.khan replied May 20, 2014

      You know couple of days ago I posted a kitco video here... in response to price cycles and a target of 2000 by the end of this year... I'm not to sure if you saw that...? but anyhow it mentioned that golds "cycle" (season) has shifted last year ...

      Only Gold!
    • waleed.khan replied May 20, 2014

      My man! That's the spirit! You see what others do not (the 4 hr pinbar)... gl I must add that its a very interesting and strategic stop placement at 1288...Just under the previous 4 hr doji and also the 78% fib level... A bit aggressive and ...

      Only Gold!
    • waleed.khan replied May 20, 2014

      Buying in June is a really good rationale as if you see in the past price does bottom... but I don't know if you have noticed that in the last 3 years price seems to peak out in August 2013, october 2012, September 2011.. Prior to 2011 price did ...

      Only Gold!
    • waleed.khan replied May 20, 2014

      Well in terms of technicals there seems to be a very smooth looking rounding top...plus its almost like a double top too and the oscillators think that it has further room for the downside... My only concern is the 50 sma...It does seem to respect ...

      Only Gold!
    • waleed.khan replied May 20, 2014

      No prob mate! A little bit of banter don't hurt at all...its actually enjoyed You are right about the aussie...it was due for a fall...question is will it hold the 50 sma on its close and bounce back tomorrow?

      Only Gold!