Gold Cup & Handle Pattern Remains Intact

Bullion, Gold, Bar, Gold Bar, Currency, Wealth, Finance

Image Source: Pixabay


In this video, we discuss why Gold’s cup and handle pattern remains intact and is super bullish. Gold fits the parameters of a very strong cup and handle pattern. The right side of the cup is higher than the left and the handle consolidation has retraced only 38% of the preceding advance (ex 2% of the time).

Gold has not broken out yet, obviously, but based on the time that a handle can last, Gold should breakout in the next 12 months.

Video Length: 00:07:47


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