Gold on the monthly chart has broken out the last few months from a large cup and handle formation since the near $2000 top in 2011.
The bottom of the cup is $1000 or so. The top of the cup is $2000. The cup depth is cup top - cup bottom = $2000- $1000 = $1000. The minimum price target is cup top + cup depth = $2000 + $1000 = $3000. I believe from the measurement of this cup and handle, however, it projects about twice the depth of the cup or up to $4000. That could come in the next year or two.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.