AMI - Daily Chart I'll start by saying that it's an awesome...

AMI - Daily Chart

I'll start by saying that it's an awesome looking chart ha!

Currently breaking out above top resistance line.
Will it hold above and start a new up trend channel or fall back into the old channel..?




On a close up of the daily chart it shows a very high volume day that wasn't quite able to break out of the up trend channel.
After the first attempted break out price pulled back and on the second attempt broke out of the up trend channel resistance line on relatively average volume.

There may also be a bearish candlestick pattern developing.
I'm waiting on the next following days of action, to see if price can stay above and make a new channel or fall back below to the old one.

With out a short term Gold price rise, price will most probably move back into the trend channel.