The Gold market has formed a very distinct Price Action Squeezing pattern, that often are the pre-cursors for aggressive breakouts. Notice on the Gold chart above how price is trapped under the key swing point level on the daily chart. The bulls have been applying constant pressure to this resistance level, pushing it’s limits causing the price squeeze pattern to form on the chart. Because of the recent aggressiveness off the bulls we would expect the top to break on this one giving the bulls free reign to push prices much higher. If you would like to learn how to trade Price Squeeze patterns such as this one, check out the Price Action Protocol.