Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 5, 2014
Triangle pattern of Gold
Gold 4 Hour chart shows a triangle shaped contraction. Breakout can give bigger moves.
Breakout or breakdown can give good direction if price violates either the 100 Day SMA on the upside or 50 Day SMA on the downside.
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