XAUUSD Cup and Handle Pattern - Sell

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Both on weekly and monthly chart we can see the candlestick formation on the move.

The resistance area for me is between 1767 and 1797. Any point between those levels is an appropriate Sell entry in my opinion.

After a considerable drop on gold and complete restructuring on the financial and wealth system following the Cup and Handle pattern we can expect a potential move above 1800 to 2000.

Chart PatternscupandhandlebreakoutcupandhandlepatternGoldTechnical IndicatorsMonthly ChartssellsetupsellsignalsellzoneTrend AnalysisXAUUSD

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