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VillageTraderZA

@VillageTraderZA - Inverse Head and Shoulders developing

Long
ANGLOGOLD ASHANTI PLC (JSE:ANG)  
VillageTraderZA  
JSE:ANG   ANGLOGOLD ASHANTI PLC
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The stock broke the R330 resistance but with a doji. Not sure if the market was merely testing R330 or a valid reversal pattern. We have a head and shoulders pattern on the weekly chart. Setting up. With the gold breakout seemingly holding out. I will watch the R360 neckline. Going to hold off on raising my stop loss for now. Just in can the neckline holds up.
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