Gold Cup & Handle Breakout
After an 8-month downtrend, it appears Gold has made a bottom, forming a cup & handle; and today it made a breakout.
Next target is the 200sma which lines up with the downtrend. I would expect some consolidation or a pullback to $1770.
Next target is the 200sma which lines up with the downtrend. I would expect some consolidation or a pullback to $1770.
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