We can see here
GOLD
(-0.07% YTD) completed an extremely prolonged cup formation in August 2020 that took 3,255 days to complete, almost nine full years. In the coming days the handle will form as it tests a break of the old high (and beginning of the pattern) at $1920, before continuing to the all-time high of $2075. Both pivot points are an entry for a long setup to the next Fib level at $2320.
GOLD
(-0.07% YTD) completed an extremely prolonged cup formation in August 2020 that took 3,255 days to complete, almost nine full years. In the coming days the handle will form as it tests a break of the old high (and beginning of the pattern) at $1920, before continuing to the all-time high of $2075. Both pivot points are an entry for a long setup to the next Fib level at $2320.