Re: Gold/ Tight Range/Watch for a Breakout!/Coral

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In Response To: Gold/ Tight Range/Watch for a Breakout! Trades ()

Yes the big test is to see if the tight consolidation above $1352 resistance will hold up as new support for another lift off. It could fail and plunge but the odds favour a rally. What is certain is a "sharp" move out of the tight pattern should occur. Lots of strategies for that as well I guess.....An option strategy could be a good play here for the more adventurous.

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Re: Gold/ Tight Range/Watch for a Breakout!/Coral

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