My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 28, 2016
Gold Triangle update
Gold triangle worked well for bulls. Many times when price reaches the apex of a pattern it gives a false spike out of the pattern. It was rare to see a clean breakout and the fast up move for the pattern.
Now gold bulls has resistances near 1350 and 1370 levels.