Little cuppa on Gold
Cup & Handle formation.
Price is still within the channel, this formation could break price above.
Probably noticed charts don't have a lot of support & resistance zones or crutial areas marked, I use all TV broker charts so they don't look too hectic.
Price is still within the channel, this formation could break price above.
Probably noticed charts don't have a lot of support & resistance zones or crutial areas marked, I use all TV broker charts so they don't look too hectic.
Note
Main Pivot Point 1758 (for monday 4th) pull backNote
1764/65 resistance holding which is also the cuppa's resitance that hasn't broken yet, could consolidate.Channel resistance slowly closing in.
Drop is more likely it seems...
Note
Downside TP's1758
1745
1738
1722
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.