Introduction: In the world of technical analysis, patterns often provide valuable insights into the future price movements of financial assets. One such pattern that has recently caught the attention of gold traders is the 12-year Cup & Handle formation. This classic pattern, characterized by a rounded cup shape followed by a smaller handle, is pointing towards an...
SP:SPX After diligently tracking the price fluctuations for the past fortnight, we reached our second peak on Friday. Close examination of the shorter time frames, such as the hourly and four-hour charts, reveals a distinct double top pattern. Moreover, this pattern receives further validation from its manifestation on the daily and weekly charts. Consequently,...