Gold: Formed a Cup and Handle Pattern

28 באוק׳ 2023

Two distinct patterns have emerged in the gold market. First, a cup and handle pattern has been evolving since 2009, extending up to the present. Upon closer inspection of the handle portion, it becomes evident that it's shaping a broadening formation, specifically a right-angled and descending one. These combined patterns indicate significant upside potential for gold, presenting an exciting outlook for investors and traders.