GOLD gold futures
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gold on the cusp of a break

  1. woteva
    2,213 Posts.
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    23/02/11
    21:47
    Post #: 7942750
    The hourly spot gold chart has been forming a symetrical triangle since Monday.
    Price is virtually at the apex so at some point tonight I suspect it will break and lead to a significant move.

    The only problem is, will it be up OR will it be down. Unfortunately the overbought daily chart is suggesting a break lower.
    Value at posting: $0.00
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