On Tuesday of this week we looked at Gold. Interestingly, it has broken above the resistance line that we had shown and is now a “Go”. This trend line now should operate as support. This is a fantastic example of polarity where resistance was support that is now support again.
The GoNoGo Oscillator has now also broken back above zero supporting the move in price.
The GoNoGo Oscillator has now also broken back above zero supporting the move in price.
