bq2

Cup and Handle Gold

bq2 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Looks to be like a cup and handle play for Gold now. This time on the weekly time frame since April 2013 if it can clear 1560 I expect the next resistance level will be 1600. The handle is very narrow however, so a little skeptical about it.
Comment:
Perfect play on the cup and handle expect this to test the 1600 resistance again and then retest 1660 within the coming week.
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