Long

GOLD

Updated
Gold is really GOLD today !
walking on the lower channel line and forming a beautiful CUP and HANDLE pattern shows a high probability significant rise in ounce.

NOTICE:
- The analysis is based on LONG_TERM chart
-There is very small chance for gold to see 1400$. It is highly unlikely but possible. (consider that)
-please trade on your own risk
Note
Price has failed to break previous high. So, "The very small chance" is "A big chance" now !
Gold will test lower prices. 1400$, 1100$ and even lower prices is possible

NOTICE:
-Gold is a safe haven in any economic condition.
-This analysis is not a financial advice.
-Gold price is highly related to many political and economical condition.
Chart PatternsGoldHarmonic PatternsounceTrend AnalysisXAUUSD

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