In my earlier post, I shared with you a detailed 4-hour chart of gold with a bullish outlook. Fortunately, the price had indeed gone higher and booked $27 per each ounce since then. I set the confirmation above $1520, which wasn't triggered yet, although we were very close as a high was hit at $1518 at the end of October. I think that setup is not valid anymore as there are signs of an extended consolidation appearing on the chart. I updated it for you above. The first alert came after the price couldn't overcome the $1520 barrier and quickly dropped back below $1500 to hit $1481. The second warning is the amount of ... (full story)