Harmony prepping for potential upside - Wait for breakout

Harmony is one of the laggards with Gold.

While it is moving in a sideways consolidation range, we are waiting for a confirmed breakout.

Once it breaks above, we will definitely get long and hold with a strong Risk to Reward.

But right now patience is important, cause it could also fall South quickly.

In fact, if you draw a Rectangle formation instead of an Inv H &S, it means that whether it breaks down or up, it could provide a very decent trade signal.

My bias is up purely based on being a golden bull this year.