Is the precious metal GOLD on the verge of an UPSIDE BREAKOUT ?

Short term price action behaviour is suggesting an imminent upside breakout with the precious metal. Retest of the previous lows are positive as they have given us a higher troughs. Price action also staging a Bollinger Band Breakout as of this writing.Next important resistance test is likely to be the 200 day SMA as long as the last higher trough is respected and holds.

Chart is courtesy of tradingview.com

golddaily04122018

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