Profiles My Profile Forgot your Password?
Return to Index

Friends and Traders Forum

Re: Descending Triangle Formation In Gold...Breaking out! *PIC*
By:Haligonian
Date: Tuesday, 16 February 2010, 11:07 am
In Response To: Descending Triangle Formation In Gold (Adam)

Yup, looks like a descending wedge formation to me as well. And it is in the process of resolving itself today with an upside breakout. I'm using the GLD chart as a proxy here for the move in the POG: