May 28, 2013

GOLD Ascending triangle pattern

 
  • Gold four hour chart shows a bullish ascending triangle pattern.
  • Price is getting resisted at 38.2% Fib level as shown in the second chart.
  • Last chart shows crucial support levels below which the bullish view will be negated. Weakness below 1375 and 1354.
  • APPLE IN A DIAMOND PATTERN
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