What Happens in Metals Trading after a Consolidation Metals Chart Pattern?

A consolidation metal pattern is a bilateral metal chart pattern that signals the metals price is taking a break and buyers and sellers in the metal market are yet to decide on which side the metal market will move - this shows that there is a tug of war between the two & neither side can gain control of the metals market.

This consolidation metal pattern can continue for some time until eventually one side of the metal market wins and a new metals trend forms in the direction of the market to which the consolidation metals price breakout moves to.

If the metals price breaks out to the upwards side then the metals trend is considered to be a bullish upwards trend.

If the metals price breaks out to the downwards side then the metals trend is considered to be a bearish downwards trend.

Traders can decide which side of the consolidation to trade once the metals price breakout happens and not before the metals price breakout.