Impending Gold Channel Breakout?

Gold has been in a clean, tightening descending channel and may be ready to breakout.

I wouldn't be entering until a clear breakout signal is shown, but a push back into the 1920s and possibly beyond seems like a possible scenario if the channel breaks to the upside.

評論:

Well this has aged well, almost perfect timing for the breakout and path so far, currently at 1918, the predicted push to the 1920s should be imminent