Gold Long-term Cup & Handle finaly producing it's movement
This is a weekly chart for Gold. Since 2011, the price has been forming a massive Cup & Handle chart pattern. This pattern gave it's first indication of a potential breakout back in 2021 but since then it has been failing to go effectively above 2070 - 2080 levels. After a few failed attempts, now the price has finally produced an effective breakout. As per the projection of the pattern, the price of Gold can surpass 2800