Break to the upside on this channel. Long

GOLD (US$/OZ)TVC

Description

⋅ Jun 2, 2023 12:44 AM

Our metal respected an uptrend that has been developing since November 2022. A clear failure to break this trend line forced the price to violate a descending channel that developed from a new high and retested this breakout.

Should we expect a new high from Africa's finest?

Trend Analysis