- From head and shoulders pattern in hourly chart to weekly candle closing below 100 week SMA everything is pointing towards a bearish week ahead.
- Hope for bulls is to hold on to the support line in daily chart or the hourly head and shoulders pattern gets failed.
- US DOLLAR BREAKOUT
- ASCENDING TRIANGLE OF GOLD
- SILVER TRIANGLE PATTERN
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
September 10, 2011
SPX Weekend update
SILVER Triangle update
- SILVER is still inside the consolidation pattern.
- But an explosive move awaits silver. Breaking below 50 DAY SMA can give good correction
- Breaking above the resistance lien can give good up move.
- ASCENDING TRIANGLE OF GOLD
- US DOLLAR BREAKOUT
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