GOLD CUP AND HANDLE PATTERN:- LONG OPPORTUNITY
The other day I posted a USD/CAD cup and handle pattern that we expect to push the pair upward and I thought I should just post this here to show you how the pattern works for those who do not know.
This GOLD with another opportunity to go upwards to the level of 1600 and this is based on the cup and handle pattern that created a strong opportunity bullish to the levels that Gold is trading at right now.
Check it out and enjoy your trading. Remember to use well thought out risk management strategies.
This GOLD with another opportunity to go upwards to the level of 1600 and this is based on the cup and handle pattern that created a strong opportunity bullish to the levels that Gold is trading at right now.
Check it out and enjoy your trading. Remember to use well thought out risk management strategies.
Trade active:
This move is gonna complete at 1536 target and not 1600. This is because there is even a bigger cup and handle pattern in play than the one I had pointed out last time. And so after 1530 we are gonna see another handle being formed which then will lead to a greater upside with targets of 1900. Stand informed.
Comment:
Watch out for 1753.78