Emerging Channel Up detected on Gold Spot – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 3048.88 and it is expected to move to 3070.9254.
A Channel Up has formed, Gold Spot is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
