Tuesday, 13 October 2015

Gold breaks out of small falling wedge formation but larger one remains intact.

Gold breaks out of small (9 month) falling wedge formation but larger one 
(2-year+) remains intact:




$1240 would be needed to break out of the larger wedge even by a tiny bit; perhaps one should say $1250 would be needed to make any kind of convincing move out of the wedge to the upside.

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