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Gold Spot / U.S. Dollar
Long

Gold Cup & Handle?

By Deep-Peat-Shark
Updated
Is gold drawing a Cup and Handle on the daily? With UJ seasonality in agreement the likelihood increases...
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USD devaluation about to start. Get ready..
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Devaluation hasn't even started yet and it jumped up like this. Tells me there will be more upside beyond 1360.
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Now that I see what the price is drawing I think this is actually the correct Handle because for the price to move up from here it will have to break support of before April 2018
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Slo-mo but getting there :)
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Round two coming up
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Handle is a bit bigger than I initially thought
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Next stop 1360? Buckle up!
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Expecting more upside. Get ready for round two.
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Expecting more and more. Halfway August, traditionally the month of UJ seasonality.
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What an absolute beauty. More upside expected. New target 1750 before 1st of October!
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Now we continue on the weekly.. snapshot
Cup And HandleSeasonalityxaulongXAUUSD
Deep-Peat-Shark

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