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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