Zexman

Gold foaming the Cup handle

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
We have a Cup structure on Gold weekly timeframe. We have seen the first impulse and collection, now price is preparing to give us the second impulse and then the last collection that will force the price to break the structure to go Bullish. Please note that this structure is clear on weekly timeframe, meaning its going to take time to see this happening.

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