Gold Price Prediction – Volume Breakout Pattern Analysis
1st PHASE
7th Jan = Price = 1555
24th March = Price = 1690
Volume = 850000 Contracts so we buy with a prediction of 1750
GAIN = 1555 to 1690 = 135 points
2nd Phase
20th March Price = 1470
16th April price = 1750
10 days Volume Crosses 3 months of the total volume
we buy again with heavy quantity
GAIN = 1470 to 1750 = 280 point
TOTAL POINTS 280 + 135 = 415 points GAIN
3rd Phase
NOW it can break either way
HOW TO BUY or SELL?
HOW TO TRADE On this consolidation?
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