September 28, 2015

Gold daily Triangle pattern



  • Gold daily shows a triangle pattern. Volatility likely to increase as price is likely to move out of the triangle soon. Price sustaining below 200 SMA will favour gold bears. Any bullish moves are likely to be small as price in weekly chart is trading close to the cloud which has been acting as strong resistance for many months now.
  • FACEBOOK BEARISH ENGULFING
-->

No comments:

Post a Comment