Deep-Peat-Shark

Gold 2nd weekly handle?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looks like Gold drafted a second handle for its cup on the weekly, which spans all the way back to 2013.

Unseen by me ever before and I notice the second handle draws a higher low than the first one. With an very interesting long wick down this August reaching out for the first handle lows.

Compare the handle's volatility with that of Covid-19 first pandemic outbreak and draw you conclusion of what lies ahead of us.

Happy trading 🍻
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