Cup and Handle - Gold gaining strength

23 Oca 2017

Miners seem to be waiting for Gold above 1219/20 as a breakout. The next fib level will be around 1235-1240.

TP at 25
TP2 at 24.75
ST 22.41

This is if we break the cup and handle.
If you are a shorter term trader I suggest waiting to see for a clear breakout and buying the momentum.
Pce.
Piranha

26 Oca 2017

Not

Breaking down on the downside of the triangle. Reversal pattern now. I suggest exiting the position.
Gold is weak, dollar may rally on Yellen speech on feb 1st and in anticipation of the events shorts will close their positions.

13 Şub 2017

İşlem kapandı: hedefe ulaştı

Whohooo!

13 Şub 2017

Not

I had closed and reopened, no reason to celebrate here I guess. That triangle forming on the cup and handle was great. False breakdowns and breakouts will happen.