jefftan

Possible energy trap

BATS:GOLD   RANDGOLD RES LTD
261 0 3
79.92 portrays a strong resistance on the upside. Price has been riding on the upsloping fibo 1.382 as support.

We forsee an impending triangular energy trap if price is squeezed into this area.

Expect strong price reaction as it escapes the triangular trap.

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