February 4, 2011

FLAG of Gold

CHART-III
  • The spike shown below ends up as a false breakout.
  • More weakness if trades below 1344
CHART-II
  • Flag gives a spike in favour of bulls.
CHART-I
  • Bull flag of Gold in 30 minutes chart.
  • Breakout on the upside will help continue the rally started yesterday.
  • Break below means pattern is invalid.
  • GOLD TRIANGLE BREAKOUT


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