This is a triangle in progress and this one has taken one year and four months to take shape. The support level around 7.20 has been relevant in the past (without be to precise)
But now why I care is the resistance line in the triangle. This is not a confirmed resistance breakout yet but I shared the idea because other Companies in this same Industry/Sector are more advanced and they have already broken resistance line due to the Bullish Gold Futures.
But now why I care is the resistance line in the triangle. This is not a confirmed resistance breakout yet but I shared the idea because other Companies in this same Industry/Sector are more advanced and they have already broken resistance line due to the Bullish Gold Futures.