A hammer formed last week and there is a possible evening star forming on the weekly AUS200 Chart.
Technically a close below 6279 will fulfill the evening star requirements and close below 6279 is also close below the weekly candle from the 22nd of April. The main concern of a hammer 'should be the extent of the intrusion of the third day's black real body into...
Potential Head and shoulders pattern is forming on XAUUSD 4hr and also the daily.
There has been a significant run by the bears this week from $1320 after bouncing off the top of the bull channel that has formed since the start of May and breaking below 200EMA and the psychological level of $1300.
The bears, however, have failed to break the neckline, with...
