"Breakout in Action - Can it Lead to a Score"
5D, 15m. - Mar. 10 - Beautiful breakout with formation of a new Bull Potato. This is the first real technical reversal move seen in the market in the last month of activity. The big question is "can it be sustained?"
20D, Hourly - Mar. 10 - The Breakout (Gold Spot) is seen on this longer 20D time frame chart. Twenty days sounds like 3 weeks but it is really a month of four five day sessions. This has been a long wait. The channel is simply a down trending outline of the prolonged Bear Potato that has been in play all this time. "Change" is a popular buzz word these days. Perhaps we can see some "Positive Change."
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