This chart looks at a precious-metal-influenced index over the past 20-years. This index has spent the majority of the past 20-years inside of rising channel (1), creating a series of higher lows and higher highs.
This index hit the 20-year rising channel earlier this year and has created a small series of higher lows, while near the apex of a bullish ascending triangle.
It could push a good deal higher off 20-year channel support If a breakout takes place at (2). This should attract buyers.