Archive for July 15th, 2010
Spot Gold Technical Analysis (2010/07/15) A Wedge of Gold
(Please click on the spot gold chart thumbnail to enlarge) 7/15/2010 Spot Gold Technical Analysis (FXpath.com) – Gold (a 4-hour chart of which is shown), as of Thursday (7/15/2010), has formed a rising wedge pattern after dropping significantly from the metal’s all-time highs hit in late June. This rising wedge hints at further bearishness on [...]
Forex Trading Technical Analysis (2010/07/15) USD/JPY Double-Bottom, Double-Top, and Drop
(Please click on the forex chart thumbnail to enlarge) 7/15/2010 Forex Trading Technical Analysis (FXpath.com) – USD/JPY (a 4-hour chart of which is shown), as of Thursday (7/15/2010), made a substantial plunge to break down below key support at 88.00 and now once again looks to be targeting further key support in the 87.00 price [...]
