More often than not, these formations breakout in the direction of the daily trend.
chart: investing.com
Tag: Gold
Gold (Jan 14 preview)
The ongoing consolidation at the multi month highs is rather constructive. The uptrend line is waiting to offer support below, when needed.
chart: investing.com
Gold (Jan 10 preview)
For those considering gold’s uptrend sustainable, the 200-DSMA offers a good entry level.
chart: investing.com
