Gold once again advanced to test resistance near the 100-day moving average, showing signs of a potential breakout with the day’s high of $4,676. An initial pullback from the March swing low at $4,099 found resistance near the 100-day line and resulted in a lower swing high at $4,603. That led to a decline forming a higher swing low at $4,351 three days ago. A second leg up began from that low, triggering a continuation of a rising ABCD pattern, which confirms on a daily close above $4,603. This sequence highlights a developing bullish structure attempting to overcome key resistance. Tuesday’s advance also reclaimed ... (full story)