CFD sur Or (US$/OZ)
Short

Gold – Monthly Cup and Handle with Triangle Breakout

160
On the monthly timeframe, gold has already broken out of a cup and handle pattern as well as a triangle, and it's currently in a rally. If we measure from the bottom of the cup to the resistance, the target is in the pink zone.

Strategy: As gold continues to rally and approaches the pink zone, it could be a good time to take profits or reduce long positions to secure gains.

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