Cup and Handle Formation Exit and Re-Enter Strategy
158
I have been holding my Gold waiting for the Cup and Handle to Complete...Looks like there may be another push up to complete the Cup...I expect a pullback to around $1550-$1600 level depending on how high the Cup goes..I will sell a part of my position starting at 1800...If the price continues to $1900 I will sell a larger position..I intend to re-enter if the price drops to My buy target..I think another rate cut soon will push the Gold price to reach the top of the cup...
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.
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.