Breakout from triangle suggests good buying opportunity.
Stock has 3 main resistance levels to watch out for.
Place stoploss anywhere between end of triangle and mid point of triangle.
Gold is in a tricky spot now. A solid reversal has formed on one side, while it can be construed as a continuation pattern, as well.
On hindsight, it might look as a simple head and shoulder pattern which can give a bearish breakout.
But, if you look closely, it is currently in a Elliott wave formation and it is currently going through a correction in the form of...
