Looks like a cup and handle pattern and the handle is being formed. I think that with all the "new" cash in circulation we will see an eventful spring and summer. This is a monthly chart and we're drawing the handle now.
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The handle is in formation we need to pump up over the next month or two and the pattern is complete.
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Gold finally hits the golden pocket. From here we should rise up and back test of the cup and handle will be complete.