gold - beware of triangle formation

  1. 753 Posts.
    A huge triangle formation has formed on gold with the most likley outcome an upside breakout.

    But make sure that this upside breakout does not turn out to be a false break because the market would not be kind.

    If however gold trades and breaches the lower end of the trinagle, the reverse can occur.

    owner of not a single gold mining company share
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.