Seeing a possible cup & handle formation on Gold. Volume decreased while forming the bottom of the cup and a spike increase while testing the highs. Buy zone at 1440-1540. Take profit 1 at highs and 2 at 2150 USD.
Not
Just to correct a timing error I made.
The handle formation is probably not going to take as long as shown in the chart above. I surely overestimated it. The handle formation can take a shorter time period than what is shown in the chart above. The handle could even take the formation of a sideways triangle.
Still sticking to my analysis of entries and take profit levels.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.