gold starts new “Go” trend

7

November 2020

By

Alex Cole

On Tuesday of this week we looked at Gold. Interestingly, it has broken above the resistance line that we had shown and is now a “Go”. This trend line now should operate as support. This is a fantastic example of polarity where resistance was support that is now support again.
The GoNoGo Oscillator has now also broken back above zero supporting the move in price.