There’s a bit of resolution in gold this week as the late-January sell-off led into three weeks of consolidation, which has taken on the form of an ascending triangle formation that was broken-through in early trade this week. Now the 5100 level that was resistance-turned-support before becoming resistance in that formation is back in play for a support test. Like the last two weeks, there was an active bounce at the time of the webinar. Two weeks ago, it was a bounce at 5k that led up to a 5100 re-test and then last week, it was the 4856 zone that was in-play with a pensive test before bulls were ultimately able to ... (full story)