pattern in making.Good chances of upward Breakout if-
1) Handle is formed by price pullback
2) further upward price movement breaks above edge of the cup..here it is around 1373.5.
system too favors a uprise after a minor pullback.
Don't forget to press like or share my analysis if it appeals you..
Comment: Handle in making.Will wait till handle is formed and a strong bullish candle upward is made.
Comment: Gold started crawling up @1358.Still for getting into trade price should break up the edge of cup...here it is 1373
Trade closed manually: price had stayed in uncertain and bearish biased for some days.The pattern is invalidated,trade closed.