Alex_Quiroga
Long

Bullish Gold Futures = Mining Companies (#3 MTL)

NYSE:MTL   MECHEL PUBLIC JOINT STOCK COMPANY SPON ADR EACH REPR 2 ORD SHS
This is a continuation pattern, a triangle who takes one year and one month to take shape. Other important aspect here is the base line or support level who was tested three times around the 4.10 level. and defended himself very well, at the moment the price is trying to broke the resistance line.
My argument is the same
A bullish gold futures and a lot of stocks of mining companies reacting positively. Breaking old resistance lines
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