Cup and handle pattern spotted: Optimistic view for Gold

21 Agu

XAUUSD is showing a clean Cup and Handle setup. The price dipped to around 3,310, rounded out, and climbed back to the 3,350–3,360 zone, that’s our cup. Now it's pulling back slightly into a tight handle.

If price breaks above it with strength, I’d be expecting a move toward 3,368$. Until then, it’s a waiting game, no breakout, no trade.

Classic bullish setup forming, as anticipation is building up.

22 Agu

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