Catching a Ride in Gold

Scrutinizing December Gold’s charts for real-time trading opportunities, we were rewarded for our patience and diligence with a quick paper profit aboard a minor uptrend that unfolded within a larger bullish pattern. We conducted our analysis after the rally had already played out, but with the outcome masked beyond the right-hand edge of the screen. This learning technique is proving quite useful, since it allows us to come to charts with a speculative eye, not knowing how a trend had run its course.