Gold broke out of the "mini triangle" we had identified to our subscribers in the afternoon session. The breakout was to the upside as expected. Gold continued to power higher and broke decisively through the key resistance level at 1730.
The price gains were held and consolidated overnight and gold appears to be embarking on the start of what should be a powerful Wave 3 rally, which will be confirmed with a break of 1800.
Today's video looks at yesterday's price action in more detail and identifies where we can expect to find resistance levels.
The price gains were held and consolidated overnight and gold appears to be embarking on the start of what should be a powerful Wave 3 rally, which will be confirmed with a break of 1800.
Today's video looks at yesterday's price action in more detail and identifies where we can expect to find resistance levels.