YM.Chong

Hey Traders, Relax, Let's Have a Cup of Tea (Gold)

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
1
Potential Cup and Handle Shape in Gold with a breakout of resistance level at 1,100.
MACD showed a bullish sign as the signal stand above zero line and a rejected sell crossover signal.

Suggested Long after breakout of 1,100, TP 1,135 with cut loss at 1,090.

Would appreciate if you could comment for following analysis.
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