Gold – awaits rangebreakout

Intraday traders should watch out for this hourly chart

gold

Its a sort of flag and pole formation and traders should watch out for a possible upside/downside break. That would yield at least $6 move in either direction.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s