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GOLD IN A CONSOLIDATION PENDING A BREAKOUT!
Gold Spot / U.S. Dollar
GOLD IN A CONSOLIDATION PENDING A BREAKOUT!
By Moipone_Phakisi
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Apr 4, 2023
1
Apr 4, 2023
Gold is currently bound by a range. This is a clear consolidation which is pending a breakout.
This range will likely continue until a high impact news event (insert here NFP) brings enough volatility to break it.
For now we all know what we do in a consolidating market - we sell in resistance and buy in support.
Good luck :)
Supply and Demand
Support and Resistance
Moipone_Phakisi
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