Gold Coiling in the Short-term, Nearing the Apex

Triangle: XAU/USD, gold priced in the USD, has been rallying since May’s low of 1338.06. It stalled after it tagged a previous support around 1419.65. Then it started to coil – or trade in a triangle, with lower highs, and higher lows. The price is coiling around the 1400 handle, which is a price…

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Gold Coiling in the Short-term, Nearing the Apex

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