FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
130 5 0
I SEE A VERY CLEARLY CUP FORMATION
TARGET SHOULD BE 1250/1260
bottom (1115) still not broken
still possible
Reply
break out to 1141 in few moments
Reply
I would like too but after reading about it

"There are several components of the cup and handle that should be noted in order to evaluate the potential trading signal.
First, it's important that there is an upward trend before the formation of the cup and handle"

This first point haven't occured

http://www.investopedia.com/university/charts/charts3.asp



+1 Reply
check this out
http://fspinvest.co.za/articles/trading/revealed-the-secret-that-banked-forex-traders-a-38-gain-in-under-2-hours-2172.html

if you want to play safe then wait till 1172 get broken
Reply
andberg Serkan Gulec
If 1172 is broken then new resistance coming to 1224 and if it is stong it will go to 1300
+1 Reply
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