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Gold Price Futures (GC) Technical Analysis – Rectangle, Triangle Chart Patterns Suggest Impending Volatility. By: James Hyerczyk. Published: Dec 19, 2019, 20:57 GMT+00:00.
Over longer periods, the pattern becomes a rectangle or triangle. As shown in the figure below, ICFI is moving above the resistance area near $24.50 after consolidating for more than a week.
After you master how to print square, rectangle and triangle star patterns, you'll realize complex shapes such as arrows, diamonds and tetrahedrons are simply creative combinations of the former. The ...
The first upside target for the pattern lies at 199.59 (blue shaded rectangle), the 61.8% Fibonacci extrapolation of the height of the triangle (at its widest point) higher. GBP/JPY Daily Chart ...
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