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JonHorvath

Gold definitively breaking out of bull flag/pennant today

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
JonHorvath  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Chart Patterns Trend Analysis GLD Gold
7
0
chartpattern trendanalysis gld gold
Gold seems to finally be breaking out of the bull flag/pennant that has been forming since Sept. Near term upside is ~5% but much more longer term on this trade and the whole commodity complex seems to be waking up.The only thing that perplexes me is there is no volume confirmation on $GLD or the futures, but maybe low holiday volume?
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