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Cup and Handle Formation on Gold Monthly Chart
XAUUSD
, 1M
Long
XAUUSD: Cup and Handle Formation on Gold Monthly Chart

Hello Friends, Many reasons which in confluence indicate that Gold has long rally to go from here (Current level 1871 USD/Ounce) as on 14 Feb 22. 1. Cup and Handle Formation on Gold Monthly Chart: Cup and Handle Pattern formation is visible on Gold's chart on Monthly time frame. Theoretically, it indicates targets of as high as Cup's depth, i.e. approx. 800 $...

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