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  #1  
Old 08-24-2011, 12:43 AM
Mesab Mesab is offline
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Default Gold Technical

24.08.2011
I don't like that bearish engulfing on the daily chart:

daily.jpg

Maybe we're not ready yet to attack 2000 and will retrace much earlier than we previously thought.

P.S.

Why my chart is so small? Uploaded file has higher resolution.
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  #2  
Old 08-24-2011, 02:33 AM
galtbob's Avatar
galtbob galtbob is offline
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That is indeed a cautionary candle. We will have to see how the week plays out.

And you will do better to post your charts somewhere else (and link to them)rather than attach them. Or attach a lower resolution chart. It adjusts the picture size to hit their file size requirements.
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Old 08-26-2011, 03:01 AM
Mesab Mesab is offline
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26.08

Daily chart:

https://skydrive.live.com/?cid=b72c6...DDADB7E 9!106

Hammer pattern. End of retracement? We should wait for the close of today's candle for possible confirmation.
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  #4  
Old 08-26-2011, 06:04 AM
Mesab Mesab is offline
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Weekly chart:

https://skydrive.live.com/?cid=b72c6...DDADB7E 9!107

If we're going south after all, there's plenty of space for that move.
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