Asked on my social media this morning: "what you think? Gold c&h (cup and handle)"
I am not an expert when it comes to price patterns like Cup and Handle but I do put my faith in Ichimoku and its fundamental component of 50% retracement levels. What Gold has done in recent months is hold support at 1678 (on futures) back in March which was the 50% Retracement from the launch point of the trend that began 2 years ago in April 2019. The trend on the Weekly is strong bullish so the probability is high that Gold will retest the All Time High and break it in the months to come.
I am not an expert when it comes to price patterns like Cup and Handle but I do put my faith in Ichimoku and its fundamental component of 50% retracement levels. What Gold has done in recent months is hold support at 1678 (on futures) back in March which was the 50% Retracement from the launch point of the trend that began 2 years ago in April 2019. The trend on the Weekly is strong bullish so the probability is high that Gold will retest the All Time High and break it in the months to come.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
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"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。