Chart Of The Day: Gold – Investing.com
- Date: 14-Oct-2021
- Source: Investing.com
- Sector:Oil & Gas
- Country:Middle East
Chart Of The Day: Gold – Investing.com
For weeks it has seemed no matter what happened, went nowhere. But today was different. Gold broke higher – out of a month-long consolidation – and looks to have developed an inverted head-and-shoulder pattern. The neckline was at the 1782 level, and we close at 1793. RSI is pushing higher as well confirming the bullish momentum.
A couple big issues for the yellow metal standout: