GOLD – Major Move Now Below $1,300 Short

GOLD (US$/OZ)TVC

Description

⋅ May 18, 2018 10:37 AM

This week we have seen a major breakout to the downside in the Gold market. From a technical perspective, this move in the yellow metal follows a 5-month period of consolidation with price ranging from $1,366 to $1,301.

Trend Analysis Chart Patterns