GodziBear

Gold test old weekly top resistance

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is testing new high and close to the old high. Let see if the price will forward on is trend or price stall at new resistance. If the price stall, it will be more difficult to stay at this level and retrace will be expected. Many cup and handle start like this pattern and fall to create the handle. If Handle happen, A weekly chart pattern will be in play and it could push gold very high.
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