#AU AngloGold Ashanti bouncing off bottom of flat top triangle?

٢١ يناير

Anglo Gold seems to be morphing in the form of a flat top triangle but it is obviously very early stages. We have a 3 bar hold off the bottom trendline, which have on both prior occasions resulted in a fierce rally in price. Should we start to see follow through on Monday with a push above the 3 day highs then we have a really good chance of going to test the top of the range at R375.00. A break of R375.00 would then confirm the flat top triangle breakout with much higher targets in place.