Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
September 1, 2016
GOLD Channel and hourly cloud and falling wedge
ld 4 hour chart shows price continues to fall down in channel
Hourly cloud continues to keep price below it. gold bears will remain strong below the cloud.
There is a falling wedge pattern which will favour only if price starts to trade above 1314 and 1318 levels.
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