Patrick Karim: Most important chart signal is breakout from a tight base

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30.10.2026

Patrick Karim: Most important chart signal is breakout from a tight base — Breakout above tight base is key

Patrick Karim, identified as a technical analyst at Technical Traders Ltd, emphasized that the most important factor for chart analysis is a big, coiling, tight base pattern, with price breaking out on the monthly or quarterly chart above a horizontal line. He added that seeing people chase entries well after this breakout moment frustrates him.

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Karim has previously commented that gold is struggling to outperform stock markets and may need more time before a breakout, according to an earlier analysis. He has also cautioned that silver could require up to two years to reach its $95 monthly all-time highs, as noted in a separate report. His recent remarks continue his focus on technical patterns and major resistance levels.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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