GOLD sexy

For those of you, lover of commodities is time to wake up. I haven't seen such a beautiful set-up for quite a while. A cup and handle is ready to explode...believe it or not, I predicted this in march 2020. You can check my old charts. CUP n HANDLE is a powerful continuation pattern. The inflation skyrocketing due to covid makes a good case to believe that we will witness a bull market for gold and commodity for the next 5 years. Gold will probably retrace to 1749. However, the final target is 2800, a new ALL-TIME HIGH. The golden cross already happened a while ago. There is an HnS in the daily frame. The Stoch RSI has successfully painted a bullish cross with a bullish hammer already confirmed. GET READY for this beast. The handle usually retraces between 1/3 to 2/3 maximum of the cup. So the target has been already met. If gold should retrace till the 0.382, I will heavily DCA in. It is now trying to reclaim the 50MA. If gold can hold for 2-3 sessions on top of it, then we move hard.
YOU BETTER WAKE UP
Enjoy the ride
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