Hey Traders, Relax, Let's Have a Cup of Tea (Gold)
Potential Cup and Handle Shape in Gold with a breakout of resistance level at 1,100.
MACD showed a bullish sign as the signal stand above zero line and a rejected sell crossover signal.
Suggested Long after breakout of 1,100, TP 1,135 with cut loss at 1,090.
Would appreciate if you could comment for following analysis.
MACD showed a bullish sign as the signal stand above zero line and a rejected sell crossover signal.
Suggested Long after breakout of 1,100, TP 1,135 with cut loss at 1,090.
Would appreciate if you could comment for following analysis.