November 24, 2012

GOLD Ascending Triangle breakout

 
  • Gold 4 Hour chart shows price breaking out of the Ascending triangle pattern.
  • Price is also likely to close above 50 Day SMA which should favor bulls for more high's in the coming week.
  • Possible test of the weekly range top near 1796 - 1802 level is likely to happen.

1 comment:

  1. FREE 10 Ounce Silver Bar

    OK they closed the November contest today. And December is now open. IMPORTANT to put your estimate in NOW, because only the first right guess to the penny, wins. In September there were 4 winners and they handed out 4 silver bars, guess they got tired of that.

    ENTER HERE---
    http://oahutrading.blogspot.com/2012/11/free-silver-new-contest.html

    ReplyDelete