Is it going to breakout? | GOLD
Gold continues climbing and it looks like, now it's gaining strength for it's next upside move.
The lower highs and higher lows suggest that we will see a breakout today and possibly an impulse in the direction of the breakout.
As we are currently in an uptrend, there is a higher probability that we will see price breaking out in the same direction.
That means we should see price reaching $1900.
Again - this idea will be confirmed once we have a candle close above the resistance!
The lower highs and higher lows suggest that we will see a breakout today and possibly an impulse in the direction of the breakout.
As we are currently in an uptrend, there is a higher probability that we will see price breaking out in the same direction.
That means we should see price reaching $1900.
Again - this idea will be confirmed once we have a candle close above the resistance!
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