Gold ready to rip to $2,495 - Breakouts all around

A strong Cup and Handle formed, with a breakout of the downtrend lines.

We also have a solid uptrend line since 25 July, keeping the price up (Safety).

NATURE: (High Probability analysis)
Price>20MA and 200MA

My Daily target is $2,495.

WIth Bitcoin's price rocketing (As per my last analysis) with Russia now stepping in to legalise along with the shady compnanies sifting out one by one, the safe havens are looking great for upside.
buygoldChart PatternsFundamental AnalysisGC1! (Gold Futures)goldanalysislonggoldTrend AnalysisXAUUSD

✅ Facebook:
facebook.com/groups/matitrader

🌐Website:
timonandmati.com

𝕏 (Formerly Twitter):
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:

Disclaimer