All the possible stopping points (orange horizontal lines designate previous tops) are
shown. Gold usually pauses at these tops and pulls back before pushing through to
the next one.
It is common for gold to break above a trendline only to have those buyers wiped out
as gold pulls back.
The first push through a trendline is NOT always a good buy in point, BUT...
it can be bought and quickly sold off the second gold pauses before the sell off.
shown. Gold usually pauses at these tops and pulls back before pushing through to
the next one.
It is common for gold to break above a trendline only to have those buyers wiped out
as gold pulls back.
The first push through a trendline is NOT always a good buy in point, BUT...
it can be bought and quickly sold off the second gold pauses before the sell off.
