WC1
Long

Gold forming cup & handle on daily bars, headed for 1293

OANDA:XAUUSD   Gold Spot / U.S. Dollar
133 0 4
Cup and handle formation on daily bars. Neckline is at 1275. On a breakout above this level, target is same distance as bottom of cup to top right of cup, so $18. That would give us a target of 1293.

Invalidate if handle retraces more than 2/3 of cup depth, so below 1256.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out