Pennant formed on the daily gold chart. Waiting for a breakout to either side of the pennant, but anticipating a breakout to the upside. Upside initial target is the double 2012 high. Downside target is equivalent sized move.
Trade active
Pennant completed. Breakout to the bullish side active. we'll see how it plays out, targeting the 2012 highs around 1795ish.
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