STOCKS: reversal chart patterns
There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
GOLD: 'Shooting Star' at the 'Window'
There's a 'Shooting Star', which has been formed at the 'Window', but confirmation of this pattern isn't enough. In this case, it's likely to have a local downward correction towards the support by the last 'Evening Star'. The subsequent pullback from this level could lead to another bullish price movement in the direction of the next resistance at 1356.58. This level could be a starting point for a deeper correction to the previously tested support at 1301.14.
Galya Svetlova
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STOCKS: reversal chart patterns
There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
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