Gold Breaks Out From 13-Year Cup & Handle Pattern

Image Source: Pixabay

Gold cleared $2100 on Monday and closed the week up 4% to $2185. The initial measured upside targets are $2350 and $2500.

The cup and handle pattern breakout is quite visible on the weekly and monthly line charts. The breakout is a significant one not only in Gold’s history but in the history of capital markets as a whole.

Video Length: 00:08:51

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