Gold - Top of Trendline
Nice move for gold over the last two months.
Its sits atop of a trendline from last September
Its is considerably outside the Keltner Channel on this daily chart. I have measured the pull back to the median on line - and you can see what it has done in the past.
As long as the trendline hold - this could be a decent short. Breaks the trendline then presumably there is more upside.
Ran the same exercise on Silver - its still a bit away from an upper trendline resistance.
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