May 26, 2014
Just a quick heads-up. Take a look at the Gold Daily chart. The gold price has been listless for the last 4-5 weeks. On the daily chart you can see that its forming a nice triangle pattern. I’m not really one for trading that particular pattern, but I always take a note of them when they set-up.
Trade well,
Paul
A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!
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[…] I maybe on my holidays in the highlands of Scotland but I had a chance to look at the odd chart. Earlier this week I drew attention to the gold price coiling up into a tight triangle pattern (click this hyperlink to read that piece). […]
[…] I maybe on my holidays in the highlands of Scotland but I had a chance to look at the odd chart. Earlier this week I drew attention to the gold price coiling up into a tight triangle pattern (click this hyperlink to read that piece). […]