Gold possible cup and handle a bullish flag with target at 1955
Hello there, as you can see in the gold hourly chart, It is moving inside a descending channel and in case of breakout from top of the channel it will forms a bullish flag and a cup and handle insde the channel. That will give us a buying signal with targets at next important resistance above,1955. and our stop loss will be placed below the previous low at 1918.
Please note that this is not a financial advise. Do your own research
Good luck and Thank you for your attention!
Please note that this is not a financial advise. Do your own research
Good luck and Thank you for your attention!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.