WildLilly

XAUUSD - Who Stole the Cup n' Handle?

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Many people in the gold space were seeing a forming cup happening and were wishing for an "handle" pullback so they can buy more. To my eye, it doesn't look like we are forming an handle any time soon.. and as far as I'm concerened a serious pullback is just wishful thinking at this point.

So far gold is not showing signs or stopping or signs for a top. heck.. even a small pullback doesn't seem to be coming.
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