GOLD
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0.51% $1,391.7 gold futures

cup and handle or inverted head and shoulders?

  1. paddy61
    168 Posts.
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    23/02/09
    12:25
    Post #: 4826827
    Gold price in $US...

    What will we get???

    1. Cup & Handle - A pause at $1130 then a handle back to $920 before heading off to $1300-$1400.

    2. Inverted H&S - A retracement now to form a right shoulder at $850 with a neckline at $1000. Target also $1300-$1400.

    3. No pause and steady push through to $1250+

    What do the resident chartists think?



    Value at posting: $15,159
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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