Gold (GC) Bounces off Triangle Support on Daily Chart

16 feb 2015

Gold (GC) continues its rally (off of triangle support) in today's Asian session. With the daily MACD histogram becoming less negative and daily RSI and Stochastics bouncing off of oversold levels, odds are favouring gold returning to triangle resistance in the next few weeks.

For my multiple timeframe analysis on GC, feel free to visit: tradablepatterns.com/tag/gc_f/

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