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UnknownUnicorn1722686
Oct 3, 2021 1:15 PM

Little cuppa on Gold  Long

Gold Spot (XAUUSD)FXOpen

Description

Cup & Handle formation.
Price is still within the channel, this formation could break price above.

Probably noticed charts don't have a lot of support & resistance zones or crutial areas marked, I use all TV broker charts so they don't look too hectic.

Comment

Main Pivot Point 1758 (for monday 4th) pull back

Comment

1764/65 resistance holding which is also the cuppa's resitance that hasn't broken yet, could consolidate.
Channel resistance slowly closing in.
Drop is more likely it seems...

Comment

Downside TP's
1758
1745
1738
1722
Comments
FXKillA
Nice ☕️ of tea thanks 🖐🏼🧐🤚🏼
UnknownUnicorn1722686
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