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VillageTraderZA
Feb 20, 2022 4:50 AM

@VillageTraderZA - Inverse Head and Shoulders developing Long

ANGLOGOLD ASHANTI PLCJSE

Description

The stock broke the R330 resistance but with a doji. Not sure if the market was merely testing R330 or a valid reversal pattern. We have a head and shoulders pattern on the weekly chart. Setting up. With the gold breakout seemingly holding out. I will watch the R360 neckline. Going to hold off on raising my stop loss for now. Just in can the neckline holds up.
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