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Gold Weekly Chart Pattern — July 25th 2009

July 25, 2009 at 13:44 by Vladimir Vyun

On the gold chart (weekly timeframe) formed symmetrical triangle pattern. It has a high probability of bullish breakout. But before any breakout it will reach its upper sloping limit one more time. But traders should be careful because it’s not horizontal. Click to enlarge the image to full-size screenshot:

Gold, Weekly Chart, Symmetrical Triangle, 2009-07-25

If you have any questions or comments regarding this chart pattern for the gold futures, please, feel free to reply below.

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