Textbook Cup & Handle pattern (yellow) is in progress. The target for this pattern is located at the depth of the "Cup" added to the breakout point. So, the gold futures price eyes $3,000.
Note
Hello, this is the possible path on the weekly chart how the price could reach the Cup & Handle target
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.