$BEAT is currently testing a crucial horizontal support zone, a level that has historically triggered significant accumulation.
As the following chart illustrates, the price action is defined by this consolidation phase within a tightening wedge pattern, which frequently precedes a major breakout.
#beat #SpotGoldHitsHighestSinceMay15 #USRefinersFaceLoomingCrudeSupplyDrop
As the following chart illustrates, the price action is defined by this consolidation phase within a tightening wedge pattern, which frequently precedes a major breakout.
#beat #SpotGoldHitsHighestSinceMay15 #USRefinersFaceLoomingCrudeSupplyDrop