Gold Set up
A very clear 'Cup and Handle' has been formed on the daily.
Normally once the handle has been formed, we will see something similar to a double top where price is reaching resistance. we will have to wait to see if we can if gold breaks up into a long position where we will see new highs on the gold price which could at least reach the price of 1320.00 minimum.
or.... we will see gold break down to a demand price for gold buyers of around 12800 and look to buy. I am favouriting long on gold.
A very clear 'Cup and Handle' has been formed on the daily.
Normally once the handle has been formed, we will see something similar to a double top where price is reaching resistance. we will have to wait to see if we can if gold breaks up into a long position where we will see new highs on the gold price which could at least reach the price of 1320.00 minimum.
or.... we will see gold break down to a demand price for gold buyers of around 12800 and look to buy. I am favouriting long on gold.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.