XAUUSD, DOUBLE Cup with Handle_2019AUG

Early August with DOUBLE Cup with handle...
The 1st cup-Blue- price move up to 200% fibonacci extension of the cup (blue arrow), the 2nd to 300% (red arrow).

When the cup formed, the large Stochastic (21,3,3) always in oversold zone (black ellipse).

#XAUUSD #GOLD #30min #tradeZpirations
Chart PatternscupandhandlepatternDouble Stochastic OscillatorTechnical IndicatorsTrend Analysis

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