Gold Cup And Handle From The Prior Leg Of The Bull Market

As a reminder, here is what a 'successeful' activation and execution of a cup and handle formation looks like.

And as another reminder perhaps, this particular bull rally was later ruthlessly crushed by an avalanche of synthetic gold derivative selling that over time significantly depleted the 'gold float' of physical bullion available to the Asian markets.

(Click on image to enlarge)

(Click on image to enlarge)