TradingView
spartanguardtradinggroup
5 août 2020 02:10

GOLD - CUP AND HANDLE FORMATION. Long

GoldOANDA

Description

HUGE RUN TO NEW HIGH
3000+ POINTS
NO PULLBACK YET
HUGE EUPHORIC BUYING
STOCK MARKET WILL COLLAPSE AND PULL DOWN THE GOLD
THE HANDLE OF THE CUP WILL BE FORMED ON THE PULLBACK
THEN ITS TIME TO LOAD FOR THE LAST PULLBACK BEFORE THE BIG RUN
BUY & HOLD AT THAT POINT.

Commentaire

RSI * MAXED OUT ON THE MONTHLY

Commentaire

1000+ points.

Commentaire

+1900 pips.
Commentaires
div4u
Where gold got resistance
spartanguardtradinggroup
Tough to tell, but the overall scenario is a strong formation. #cup&handle.
Interesting to see how it will play out.
If the collapse of the markets will bring it down and fulfill the formation.
div4u
@spartanguardtradinggroup, agree.
I also thought if gold again come near day high good point to sell for 50-70 $ trade
Plus