Trading-Capital

Gold is shining...is it going to breakout?

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold has rallied over 26% in a few months.

That is a massive deviation from the mean move in Gold, ofcourse much of this move is from banking fear.

With an upsloping wedge pattern forming, gold is likely going to make a new directional move.

Probabilities favor a break lower from this pattern but we shall see if Gold has other plans.

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