Green Hills Analysis

Friday 29 September 2017

Gold Monthly Analysis

This is Gold Weekly Chart .


Here Gold was in Consolidation since 2013, It made a low of  24k Levels and and High of 35k Levels.
Presently  we found a  that this script price is running in a very famous pattern that is Triangle pattern.
Here Price has made 5 years Triangle pattern which is very Powerful, presently it is now yet broken.
It is showing that price is now matured enough to break the pattern as you see on chart that price made Double Bottom and made its 1st Higher Low thats all the sign of Bullish Price Action in this Chart.
I am only interested in this chart if Price closes above this pattern with Big Volume.

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