TheChartWhisperer

Gold cup and handle to 2800

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
There is a textbook cup and handle pattern forming on the monthly chart, if we manage to break out, I am setting my sights high.

This pattern has taken very long to form. On the weekly we now see a bullish hammer reversal candle and we are starting to head to that breakout area.

Amazing opportunity here to be in before we start the big move that this chart suggests. Thoughts?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.