Compression Triangle...not a term know but I suspect you are refering to the triangle formed since March realy since 2nd April the 1st low after the high on 14th march.
There are 3 lower highs and a base at 14.5 cents with range narrowing. That gave way and we got an initial waterfall drop to 11.5cents. now for some consolidation and then a new break.
UNLESS gold turns around a jumps $100.
Nothing travels in a straight line so expect ups and downs...it's the main direction that I'm interested in.
PS maybe of interest....In 1987 as Gold kept rising to new high gold stocks were falling.
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