GOLD - Weak attempt to break Bull Wedge, possible move lower
- As shown in the chart golds attempt to break out of the Bullish descending wedge pattern yeserday
- This break occurred with no significant volume expansion, an important indicator needed to confirm conviction in the breakout move
- As well as this the overhead 200 MA resistance was rejected yet again
- This break occurred with no significant volume expansion, an important indicator needed to confirm conviction in the breakout move
- As well as this the overhead 200 MA resistance was rejected yet again