Gold Futures important Triangle

12 thg 9, 2016

The last few weeks gold has been moving sideways. At the top there is the massive downtrend line which has been solid for almost 5 years. At the bottom we have the uptrend line supporting the long run during 2016. These two lines are forming a triangle which is coming to an end soon. I'm pretty sure we will see a massive breakout soon. And from there we will see either 1200 againg, or 1400 as the first step and then next 1600.