Follow the bottom trend line. pour TVC:GOLD par chartmaster2000

chartpattern gold jnug

Earlier this year I posted charts showing this cup and handle before it broke out from the bottom of the cup. Keep in mind I apply basic charting patterns. Here we have the classic cup and handle play with a classic bottom trend line. Based on the current Huge play on gold this is where we should see gold find its major resistance. I will show you what i did when gold was at 1330. This is a chart that includes lines I have been adding for well over a year.
ENJOY!

Commentaire:

Do not forget about the tops. Tops are screaming locations.

Commentaire:

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