XAUUSD monthly. Posting a massive cup and handle pattern relative to the USD. All signs are pointing towards gold going up massively in value relative to the USD in the very near term (in a macro sense).
Commentaire:
MACD has almost crossed. Cup and handle pattern is still very much in play here - especially with all of the conversation around the Ruble getting pegged to gold. We could see a significant amount of demand ratchet up here.