[marry123]

Hi,
I was just wondering if this has broken out into stage 2a? It broke out from a long base on very good volume on the weekly chart so I assume this is a buy around current level?

Thank you for your comments.

I think it has already, in my view there was resistance at the first red line, close to the original push through the MA, then price reacted to this resistance..albeit only slightly, then pushed through..thats the first sign
then at the second pullback (and second sign), by now the 10MA has crossed the 30 (3rd sign), and past its second line of potential support which also happens to coincide with the weekly ichimoku
it has more resistance coming up for sure as its had a pretty rough history of constantly swinging up and down in a very large range

Hope this helps marry

Thanks Malaguti for pointing out proper entry points. I won't chase it now but may look at it if it pulls back. It will be interesting to see what gold does now that it is around triple resistance of 1800 going back many years.