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MEGALO1

Cup-n-Handle Cup of Joe !!! :-)

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
MEGALO1 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns
16
6
chartpattern
Classic Text book Cup-n-Handle Pattern presented and illustrated in a weekly time frame setting.
1) A nice rounded shaped cup indicating Consolidation.
2) Short handle was a good Indicator of a Strong Breakout with Extremely Bullish tendencies.
3) Coffee Joe had to Powerful Characteristics.
Comment:
Correctio Two
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