Gold breakout towards 1360

As of writing this, Gold is just breaking out above 1327 which has been the previous high.

The uptrend which started in end 2018 is still going strong and a confirmed breakout could open the door to 1360 which marks the major high from early 2018.

The Trend Rider indicator confirms the trend as it should and as ling as the momentum bars at the bottom confirm the bullish phase, there is no reason to fight the bullishness, even during consolidations.

Komentarz:

Half-way there!