Monthly Archives: July 2014

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Gold has been consolidating, how can we trade it?

Gold had a bullish expansion in June and after that, price has been consolidation and retracing. This retracement is towards a support (see chart below)   On D1, it seems to be mapping out a 1234 pattern, but this 1234 produces hardly(in d1) and very

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Bias is still Up for AUDJPY

Received a few questions from students on this pair this week. Mostly the consensus seems to be looking for a long. Let’s see how we arrived at this conclusion. AUDJPY Big Picture on Weekly Charts There is a 1234 downflow pattern seem (This is also