Cup & Handle & Bullish Biased Pennant/Ascending Triangle

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
TG 1460-1480, Incase it undershoots/overshoots. Right Peak to Bottom is 41~ Pts + Breakout Level 1427 + 41 = 1468

Gaps @1420, 1422, 1424

It's currently in a bullish biased, Ascending Triangle / Pennant . If it breaks through 1422~ = Potential Breakout to 1427 due to former top of last run. If we break through that, TG would be 1438 from the current high. If it does break through... there will be alot of buying pressure from short sellers + Cup & Handle breakout = TG 1460-1480

Trade closed: target reached


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