Breakout Ensuing
Updated
200 unit weekly upper bollinger band is being violated...this retrace is a nice opportunity to get in before the rest of the take off toward the highs of 2011. This was the last time the 200 unit weekly upper BB was violated, and the bear market on gold is now reversing.
Trade active
heavy volume from june 2019 to end of year supporting this theory -- my trade is already openNote
Still profiting on this trade, taking bits out but this is a big reversal likely toward doubling the price to 3800 in the next 2 years...maybe I'll do another chart
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