{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/gold-breaks-higher\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/gold-breaks-higher\/","headline":"Gold Breaks Higher","name":"Gold Breaks Higher","description":"Gold has finally broken higher and in doing so broken out of the tight range it was trading in. On the 4hr chart we can see a very strong Bullish Engulfing Bar (BUEB) that smashed through resistance. This old resistance area could now act as a new solid support area should price retrace lower. Price […]","datePublished":"2012-09-04","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/09\/gold2.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/09\/gold2.png","height":"267","width":"638"},"url":"https:\/\/forexschoolonline.com\/gold-breaks-higher\/","about":["Price Action Charts in Focus"],"wordCount":83,"articleBody":"Gold has finally broken higher and in doing so broken out of the tight range it was trading in. On the 4hr chart we can see a very strong Bullish Engulfing Bar (BUEB) that smashed through resistance.This old resistance area could now act as a new solid support area should price retrace lower. Price Action traders could look to get long at this new support should price make a large and obvious bullish price action signal. GOLD 4HR CHART – SEP 4 2012 "}