TradersParadigm

XAU/USD - GOLD - Idea with a cup and handle

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Here is my outlook on GOLD with a cup and handle and the possible directions and levels GOLD may hit. The flag may break out above with a nice bullish break out above or a handle that would validate the Trendline for a third hit. KEEPING IN MIND the WHITE support / resistance level is a MONTHLY LEVEL. Red are daily support / resistance. Blue is weekly. XAUUSD


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