August 12, 2016

TRIANGLE and CUP and HANDLE patterns of GOLD


  • First chart shows Gold 4 Hour in a triangle.
  • 4 Hour chart also shows the triangle as the Handle of a Larger CUP and HANDLE Pattern. This pattern mostly moves in favour of Bulls.
  • If price stays for another week inside the triangle then bigger moves are possible out of the triangle.
  • CRUDE OIL SUPPORT AND RESISTANCE
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