After a steep rise earlier this year, Pohkong has retreated and consolidated forming a strong support while testing resistance a few times. Today after touching Gann Line, it has broken out from the Ichimoku cloud with high volume. If gold prices continue its trend, supported with strong current and future earning we can expect Pohkong to start an uptrend to form a cup
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.