Saturday, 5 May 2018

Gold Technical Analysis: Bullion Back Down to Trading Channel’s Lower Boundary

Back on April 14, gold was on the verge of a major signal, trading as little as $10 away from the so-important $1380 mark. Let’s recap. Since 2013, the commodity has been forming a large inverse H&S pattern (bottoms – yellow ellipses; neckline – yellow trendline in Figure 1; note GLD shown). More recently, in […]

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