Cup and Handle Formation - Handle Breakout

I have been posting this Idea for a long while now...Looks like my assumptions were correct...the assumption that gold would turn bullish as soon as the Fed capitulates...Looks like a rate cut has been priced in...Markets have figured out that talk is no longer going to be enough to prop up the markets...the markets need a rate cut in order to maintain new highs...this is bullish for gold...at the very least i except to retest the long term resistance around 1380...I think that it is a good time to be a buyer of gold...Silver may have a greater rate of return as it is lagging gold significantly...keep your eye on this and short term gains are highly likely...long term we need to be watching for the long term resistance line to be broken...once that happens its off to the races.