XBM - Long term Consolidation above it's previous consolidation
I charted XBM (iShares S&P/TSX Global Base Metals Index Fund) and it's been consolidating above it's previous multi-year consolidation.
Previously, it touched the bottom twice before breaking out. Currently, it's already touched the low end of it's consolidation zone three times.
Maybe it's due for a breakout soon?
I'm dollar cost averaging on the dips.
Previously, it touched the bottom twice before breaking out. Currently, it's already touched the low end of it's consolidation zone three times.
Maybe it's due for a breakout soon?
I'm dollar cost averaging on the dips.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.