Gold – Double Bottom and Trendline Break

Consolidation: Gold has been trading choppily since falling from Octobers 1795.80 high. It fell to 1672.28 by early November, and continues to consolidate between these two levels. As we start a new week of trading, price action in gold appears to be forming a bottom. Double bottom: The bottoming…

Originally posted here:
Gold – Double Bottom and Trendline Break