Intraday Market Thoughts
View Latest IMT | Archives Calendar | Titles by Month

Monitoring Gold's Breakout

by Ashraf Laidi
Apr 25, 2018 23:47

Most gold bulls have been holding on to long positions for months, if not years anticipating the next big breakout.  It was almost one year ago when gold made a successful break above the six-year trendline resistance, extending from the $1921 high.  But how long must we wait for a clear break above $1400? Full analysis.

Click To Enlarge
Monitoring Gold's Breakout - Gold Net Longs Breakouts Apr 25 2018 English Orbex (Chart 1)

 
Previous Next Archives
 

Latest IMTs