04 March 2016

Gold : Daily Triangle Breakout

  • Right on cue, broke out after the requisite amount of time spent forming the triangle. Had feared that it might all fizzle out and limp towards the triangle apex but no, this one has not disappointed. Very pleasant indeed.
  • Am going to take some profits as we approach 1320. Short term tactical play only. 
  • (Anyone think move has anything to do with a potential Donald Trump presidency?)

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